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Millicom Q1 Adj. EBITDA Rises

May 12, 2026 — 07:05 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Millicom (TIGO) reported that its first quarter net profit attributable to company owners was $109 million compared to $193 million, a year ago. Adjusted EBITDA increased to $857 million from $633 million.

First quarter revenue was $2 billion, up 4.2% year-on-year organically, and 45.1% as reported. Non-IFRS Service Revenue was $1.86 billion compared to $1.28 billion.

Millicom targets 2026 Equity free cash flow of at least $900 million.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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