Why did LILA's Q4 earnings beat forecasts?

Liberty Latin America's (LILA) Q4 earnings report revealed a revenue surprise of -10 million, with the Total Revenue (MRQ) recorded at $1.15 billion, slightly below the latest report period's end date of December 31, 2024. Despite this, the company's Q4 performance exceeded forecasts, as evidenced by the positive foreign exchange impact of $7 million stemming from the Costa Rican colon's appreciation against the U.S. dollar. This, coupled with strategic investments in network expansions and cost efficiencies, underscores LILA's focus on growth drivers such as broadband and postpaid mobile subscriber growth, as well as operational execution in key markets like Costa Rica and Panama. |code|Ticker|Name|Date|Revenue Surprise|Total Revenue|market_code| |---|---|---|---|---|---|---| |LILA|LILA.O|Liberty Latin A|2024 Q1|-1.1E7|1.0994E9|185| |LILA|LILA.O|Liberty Latin A|2024 Q2|-1.2E7|1.118E9|185| |LILA|LILA.O|Liberty Latin A|2024 Q3|-3.0E7|1.0892E9|185| |LILA|LILA.O|Liberty Latin A|2024 Q4|-1.0E7|1.1503E9|185|