Key Highlights

  • Third-quarter Revenue held near USD 1,117.4 million, essentially unchanged from USD 1,112.5 million, but shareholders absorbed a loss of USD 70.9 million, or USD 0.42 a share, after earning USD 3.3 million a year earlier.
  • Segment Adjusted OIBDA edged up to USD 471.7 million from USD 461.4 million, yet interest expense rose to USD 175.2 million from USD 164.3 million.
  • Hurricane Melissa trimmed third-quarter revenue and Adjusted OIBDA by roughly USD 7 million each, and about 32,000 revenue generating units in Jamaica remain offline.
  • The USD 1,161 million of Liberty Puerto Rico senior secured notes due in October 2027 remain without a deal with creditors, as of November 4, 2026.

Stable Sales, Heavier Interest Costs and a Turn to Loss

Liberty Latin America (NASDAQ:LILA) submitted its third-quarter 10-Q on November 4, 2026. The company runs fixed, mobile and subsea telecom networks across Latin America and the Caribbean, serving 6,788,200 mobile subscribers and 3,927,400 fixed revenue generating units at September 30. Operating Income slipped to USD 181.1 million from USD 187.5 million, as Depreciation and amortization climbed to USD 240.1 million. Beneath that line, other expense of USD 83.7 million, compared with income of USD 7.0 million a year earlier, along with interest and a USD 23.9 million tax charge, produced a net loss of USD 55.8 million, and a USD 64.9 million derivative gain only partly cushioned it.

Segment Performance and the Hurricane Melissa Setback

Liberty Puerto Rico Adjusted OIBDA climbed to USD 102.7 million from USD 95.5 million, and Liberty Costa Rica rose to USD 68.5 million from USD 56.4 million, while Liberty Networks dropped to USD 55.7 million from USD 65.2 million. Liberty Caribbean was flat at USD 172.4 million, as Jamaica struggled after Hurricane Melissa, which cut nine-month revenue by about USD 27 million and Adjusted OIBDA by about USD 29 million. The company put roughly USD 15 million of extra property and equipment into repairs during the quarter. A new Amdocs agreement, effective October 2026, should reduce employee-related costs starting in the fourth quarter.

Puerto Rico Note Maturity, Creditor Talks and Cash Position

The filing discloses that the USD 1,161 million of 2027 senior secured notes raised for the Liberty Puerto Rico group come due in October 2027. The company and that group are negotiating with creditors, though no agreement had been reached as of November 4, 2026. Should the notes go unpaid, creditors could try to enforce security over 100% of the Equity in certain Puerto Rico entities, a step that would strip control and deconsolidate them. Other borrowing groups have no cross-default to it. Consolidated cash fell to USD 546.2 million from USD 783.9 million at year end, and total Debt before discounts stood at USD 8,506.4 million.

Where Things Stand

Yes, and the cause sits below the operating line. Liberty Latin America (NASDAQ:LILA) held revenue steady and lifted segment Adjusted OIBDA, but interest expense, a USD 83.7 million other expense item and tax pushed shareholders to a USD 0.42 per share loss. The larger issue is the Puerto Rico debt, since failing to reach an agreement on the October 2027 Maturity could end the group's consolidation. Watch creditor talks, the Jamaica reconnections and savings from the Amdocs agreement. The filing gives no guidance or stock reaction.