IHS Holding Limited (IHS) Misses Q2 EPS by 51c, Revenue Beats, Offers Guidance

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Go back to IHS Holding Limited (IHS) Misses Q2 EPS by 51c, Revenue Beats, Offers Guidance

IHS Holding Limited Reports Second Quarter 2022 Financial Results

August 16, 2022 7:24 AM EDT

CONSOLIDATED HIGHLIGHTS  SECOND QUARTER 2022

Revenue increased 16.4% (or 9.9% organically) to $467.7 million Adjusted EBITDA was $239.1 million and Adjusted EBITDA margin was 51.1% Loss for the period was $177.5 million Cash from operations was $216.8 million Recurring Levered Free Cash Flow (RLFCF) was $87.5 million Capital expenditures were $146.8 million Completed the acquisition of Mobile Telephone Networks Proprietary Limited (MTN South Africa Acquisition) comprising 5,691 towers in South Africa on May 31, 2022 Raise 2022 revenue guidance by $10.0 million at the mid-point and reiterate 2022 Adjusted EBITDA, RLFCF, and capital expenditures (capex) guidance

LONDON--(BUSINESS WIRE)-- IHS Holding... More