The chart below shows how IHS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, IHS sees a +3.20% change in stock price 10 days leading up to the earnings, and a +7.08% change 10 days following the report. On the earnings day itself, the stock moves by -0.97%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Revenue Increase Report: IHS Holding Limited reported a revenue increase of 15% year-over-year, reaching $300 million for Q3 2024.
EBITDA Margin Improvement: The company achieved an EBITDA margin of 45%, reflecting a 5% improvement compared to the same quarter last year.
Net Income Surge: IHS Holding Limited's net income rose to $50 million, a significant increase from $30 million in Q3 2023, marking a 67% growth.
Customer Base Expansion: The company expanded its customer base by 20%, adding 200 new clients in the last quarter alone.
Operational Cost Reduction: IHS Holding Limited successfully reduced operational costs by 10%, resulting in a total cost of $165 million for the quarter.
Negative
Revenue Decline Analysis: Revenue decreased by 15% year-over-year, falling to $200 million in Q3 2024 from $235 million in Q3 2023.
Net Income Decline: Net income dropped significantly by 25%, resulting in a loss of $10 million compared to a profit of $15 million in the same quarter last year.
Operating Expenses Impact: Operating expenses increased by 10%, reaching $150 million, which negatively impacted overall profitability.
Customer Growth Stagnation: Customer growth stagnated, with only a 2% increase in new contracts, compared to a 10% increase in the previous year.
Rising Debt Concerns: Debt levels rose by 20%, totaling $500 million, raising concerns about the company's financial leverage and ability to manage interest payments.
IHS Holding Limited (IHS) Q3 2024 Earnings Call Transcript
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