Stock Track | Liberty Latin America Plunges on Disappointing Q3 Earnings

Stock Track

Nov 09, 2024

Shares of Liberty Latin America Ltd. Class A (NASDAQ: LILA) plummeted by 5.10% on November 8, 2024, following the company's disappointing third-quarter earnings report for the fiscal year 2024.

The telecommunications company reported a significant net loss of $435.8 million, or $2.22 per share, compared to a profit of $59.7 million, or $0.29 per share, in the same quarter of 2023. Revenue for the quarter declined by 3.3% year-over-year to $1.09 billion.

The dismal financial performance, marked by a steep decline in profitability and revenue, appears to be the primary reason behind LILA's stock price plunge. The company's share price has fallen by 17% over the past week, reflecting investor concerns over the company's financial health and future prospects.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1128740828"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1128740828\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1128740828?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-09 00:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1128740828","market":"us","top_or_hot":-1,"title":"Stock Track | Liberty Latin America Plunges on Disappointing Q3 Earnings","media":"Stock Track","content":"<p>Shares of Liberty Latin America Ltd. Class A (NASDAQ: LILA) plummeted by 5.10% on November 8, 2024, following the company's disappointing third-quarter earnings report for the fiscal year 2024.</p>\n\n<p>The telecommunications company reported a significant net loss of $435.8 million, or $2.22 per share, compared to a profit of $59.7 million, or $0.29 per share, in the same quarter of 2023. Revenue for the quarter declined by 3.3% year-over-year to $1.09 billion.</p>\n\n<p>The dismal financial performance, marked by a steep decline in profitability and revenue, appears to be the primary reason behind LILA's stock price plunge. The company's share price has fallen by 17% over the past week, reflecting investor concerns over the company's financial health and future prospects.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Liberty Latin America Plunges on Disappointing Q3 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Liberty Latin America Plunges on Disappointing Q3 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-11-09 00:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Liberty Latin America Ltd. Class A (NASDAQ: LILA) plummeted by 5.10% on November 8, 2024, following the company's disappointing third-quarter earnings report for the fiscal year 2024.</p>\n\n<p>The telecommunications company reported a significant net loss of $435.8 million, or $2.22 per share, compared to a profit of $59.7 million, or $0.29 per share, in the same quarter of 2023. Revenue for the quarter declined by 3.3% year-over-year to $1.09 billion.</p>\n\n<p>The dismal financial performance, marked by a steep decline in profitability and revenue, appears to be the primary reason behind LILA's stock price plunge. The company's share price has fallen by 17% over the past week, reflecting investor concerns over the company's financial health and future prospects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LILA","symbol_name":"Liberty Latin America Ltd. Class A","start_time":0,"source_url":"","article_id":"1128740828","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1128740828","pubTimestamp":1731084884,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Liberty Latin America Ltd. Class A  plummeted by 5.10% on November 8, 2024, following the company's disappointing third-quarter earnings report for the fiscal year 2024.The telecommunications company reported a significant net loss of $435.8 million, or $2.22 per share, compared to a profit of $59.7 million, or $0.29 per share, in the same quarter of 2023. Revenue for the quarter declined by 3.3% year-over-year to $1.09 billion.The dismal financial performance, marked by a steep declin","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LILA":"Liberty Latin America Ltd. Class A"},"translate_title":"股票追踪Liberty Latin America因第三季度盈利令人失望而暴跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LILA":1},"content_text":"Shares of Liberty Latin America Ltd. Class A (NASDAQ: LILA) plummeted by 5.10% on November 8, 2024, following the company's disappointing third-quarter earnings report for the fiscal year 2024.\nThe telecommunications company reported a significant net loss of $435.8 million, or $2.22 per share, compared to a profit of $59.7 million, or $0.29 per share, in the same quarter of 2023. Revenue for the quarter declined by 3.3% year-over-year to $1.09 billion.\nThe dismal financial performance, marked by a steep decline in profitability and revenue, appears to be the primary reason behind LILA's stock price plunge. The company's share price has fallen by 17% over the past week, reflecting investor concerns over the company's financial health and future prospects.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}