IHS Holding Limited (IHS) Misses Q3 EPS by 25c; Offers FY22 Revenue Guidance

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Go back to IHS Holding Limited (IHS) Misses Q3 EPS by 25c; Offers FY22 Revenue Guidance

IHS Holding Limited Reports Third Quarter 2022 Financial Results

November 15, 2022 6:57 AM EST

CONSOLIDATED HIGHLIGHTS THIRD QUARTER 2022

Revenue increased 30.2% (or 23.1% organically) to $521.3 million Adjusted EBITDA was $274.7 million and Adjusted EBITDA margin was 52.7% Loss for the period was $52.5 million Cash from operations was $294.2 million Recurring Levered Free Cash Flow (RLFCF) was $91.4 million Capital expenditures were $174.1 million Raise 2022 guidance for revenue by $20.0 million, Adjusted EBITDA by $10.0 million, and RLFCF by $10.0 million at the mid-point and reiterate 2022 capital expenditures (capex) guidance

LONDON--(BUSINESS WIRE)-- IHS Holding Limited (NYSE: IHS) (IHS Towers or the Company), one of the largest independent... More