Millicom Reports Strong Profit Growth in Q1 2025 Despite Revenue Dip

An update from Millicom International Cellular SA ( (TIGO) ) is now available.

Millicom International Cellular S.A. reported its financial results for the first quarter of 2025, showing a decrease in revenue to $1,374 million from $1,487 million in the same period of 2024. Despite the drop in revenue, the company achieved a significant increase in net profit, rising to $219 million from $82 million the previous year, attributed to reduced operating expenses and increased other operating income. This performance highlights Millicom’s ability to enhance profitability despite revenue challenges, potentially strengthening its position in the competitive telecommunications market.

Spark’s Take on TIGO Stock

According to Spark, TipRanks’ AI Analyst, TIGO is a Outperform.

Millicom International Cellular SA demonstrates strong financial performance with robust revenue growth and operational efficiencies. The earnings call provided positive future guidance, and technical indicators suggest a positive trend. While leverage remains a concern, the company’s strategic initiatives and fair valuation further bolster its attractiveness to investors.

To see Spark’s full report on TIGO stock, click here.

More about Millicom International Cellular SA

Millicom International Cellular S.A. operates in the telecommunications industry, providing mobile and cable services primarily in Latin America. The company focuses on delivering digital lifestyle services to its customers, including mobile, broadband, and pay-TV offerings.

Average Trading Volume: 1,008,513

Technical Sentiment Signal: Buy

Current Market Cap: $5.85B

Learn more about TIGO stock on TipRanks’ Stock Analysis page.