Liberty Latin America (NASDAQ:LILA) Posts Earnings Results

Liberty Latin America (NASDAQ:LILA) posted its quarterly earnings results on Wednesday. The company reported ($0.90) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%.

Liberty Latin America Trading Down 5.3 %

NASDAQ LILA opened at $6.83 on Friday. The company has a fifty day simple moving average of $6.64 and a two-hundred day simple moving average of $8.11. The stock has a market cap of $1.34 billion, a P/E ratio of -2.04 and a beta of 1.03. Liberty Latin America has a 12-month low of $5.90 and a 12-month high of $10.81. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31.

Insiders Place Their Bets

In other Liberty Latin America news, Director Brendan J. Paddick acquired 18,011 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were purchased at an average price of $6.12 per share, for a total transaction of $110,227.32. Following the completion of the purchase, the director now directly owns 1,437,518 shares of the company’s stock, valued at $8,797,610.16. The trade was a 1.27 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders purchased 156,298 shares of company stock valued at $1,043,886. Insiders own 11.35% of the company’s stock.

Liberty Latin America Company Profile

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.