IHS Towers' Second Quarter 2024 Earnings Release and Conference Call

8/2/24 7:10:00 AM ET

Telecommunications Equipment

Telecommunications

Get the next $IHS alert in real time by email

IHS Holding Limited (the "Company") hereby announces that its financial results for the three month period ended June 30, 2024 (the "2Q24 Earnings Results") are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, August 13, 2024.

Additionally, a conference call and webcast to discuss the 2Q24 Earnings Results will take place on Tuesday, August 13, 2024, at 8.30am ET (13.30pm UK time).

The conference call dial-in numbers are +1 646 307 1963 (U.S./Canada) or +44 20 3481 4247 (UK/International). The call ID is 9900919.

To register for the webcast please click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240802396687/en/

Get the next $IHS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$IHS

Date	Price Target	Rating	Analyst
8/28/2024	$5.00	Buy	Citigroup
7/1/2024	$3.50	Neutral	Goldman
11/9/2022	$12.00	Overweight	Wells Fargo
6/10/2022	$22.00	Buy	Tigress Financial
11/18/2021	$20.00 → $22.00	Neutral → Overweight	JP Morgan
11/8/2021	$22.00	Buy	Citigroup
11/8/2021	$24.00	Overweight	Barclays
11/8/2021	$29.00	Buy	Goldman Sachs

More analyst ratings

$IHS
Press Releases

Fastest customizable press release news feed in the world

IHS Holding Limited Announces Successful Pricing of Dual Tranche Senior Notes Transaction
$550 million of 7.875% Senior Notes due 2030 $650 million of 8.250% Senior Notes due 2031 IHS Holding Limited (NYSE:IHS) ("IHS Towers", and together with its subsidiaries, the "Group") announced today that it has successfully priced its offering of $550 million 7.875% Senior Notes due 2030 at a yield of 8.150% (the "2030 Notes") and $650 million 8.250% Senior Notes due 2031 at a yield of 8.500% (the "2031 Notes" and, together with the 2030 Notes, the "Notes"), in the case of the 2030 Notes, at an issue price of 98.800% and in the case of the 2031 Notes, at an issue price of 98.701%. Interest on the 2030 Notes will accrue from the Issue Date (as defined below) at a rate of 7.875% per a
11/14/24 6:30:00 PM ET
$IHS
Telecommunications Equipment
Telecommunications
IHS Holding Limited Announces Potential Dual-Tranche Senior Notes Offering
IHS Holding Limited (NYSE:IHS), ("IHS Towers"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, rated B+ (Stable) by S&P and B+ (Stable) by Fitch, has mandated Citi, Goldman Sachs Bank Europe SE, Rand Merchant Bank and Standard Chartered Bank as Joint Global Coordinators and Joint Bookrunners to organize a Global Investor Call at 3:00pm UK time on Tuesday, November 12, 2024, along with a series of fixed income investor meetings. A potential dual-tranche 5.5NC2 and 7NC3 Reg S / 144A USD benchmark Senior Notes offering will follow, subject to market conditions. Together with the Joint Global Coordinators, J.
11/12/24 8:08:00 AM ET
$IHS
Telecommunications Equipment
Telecommunications
IHS Holding Limited Reports Third Quarter 2024 Financial Results
CONSOLIDATED HIGHLIGHTS – THIRD QUARTER 2024 Revenue of $420.3 million declined 3.5% compared to the second quarter of 2024 with continued growth in revenue from Colocation, Lease Amendments and New Sites partially offsetting the initial impact of the new financial terms in the renewed and extended contracts with MTN Nigeria signed during this quarter. Revenue decreased by 10.0% (or increased by 49.0% organically) year-on-year, with foreign exchange ("FX") resets and escalations, captured within organic growth, helping to mitigate the impact of the 52.0% devaluation of the Nigerian Naira ("NGN") Adjusted EBITDA of $246.0 million (58.5% Adjusted EBITDA Margin) increased 3.3% year-on-ye
11/12/24 7:13:00 AM ET
$IHS
Telecommunications Equipment
Telecommunications

The Latest Analyst Ratings For IHS Holding
Analysts' ratings for IHS Holding (NYSE:IHS) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 2 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $10.62, a high estimate of $15.00, and a low estimate of $6.00. A 21.33% drop is evident in the current average co
5/15/24 3:03:04 PM ET
$IHS
Telecommunications Equipment
Telecommunications
TD Cowen Maintains Buy on IHS Holding, Lowers Price Target to $13
TD Cowen analyst Colby Synesael maintains IHS Holding (NYSE:IHS) with a Buy and lowers the price target from $15 to $13.
5/15/24 1:18:52 PM ET
$IHS
Telecommunications Equipment
Telecommunications
Why Alibaba Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Shares of Alibaba Group Holding Limited (NYSE:BABA) fell sharply during Tuesday's session following mixed first-quarter financial results. The e-commerce giant reported fiscal fourth-quarter 2023 revenue growth of 7% year-on-year to $30.73 billion, beating the analyst consensus estimate of $30.40 billion. Adjusted earnings per ADS of $1.40 missed the analyst consensus estimate of $1.41, according to data from Benzinga Pro. Alibaba Group shares tumbled 6.8% to $78.86 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) shares jumped 352.4% to $5.34 as the company reported pricing of $8.19 million
5/14/24 1:30:43 PM ET
$AGYS
$AKYA
$ALC
$AMC
EDP Services
Technology
Biotechnology: Laboratory Analytical Instruments
Industrials

IHS Towers Partners with Limitless Space Institute to Inspire Space Exploration and Education in Brazil and Nigeria
IHS Holding Limited (NYSE:IHS) ("IHS Towers"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today announced a one-year partnership with the Limitless Space Institute (LSI), a non-profit education and research organization. This partnership will commence in January 2024 and is designed to help broaden access to space education in our two largest markets. Through this collaboration, 20 science, technology, engineering, and mathematics (STEM) educators from Brazil and Nigeria will be invited to join the 12-month Limitless Global Educator Program and access a carefully curated space education curricul
10/26/23 6:07:00 AM ET
$IHS
Telecommunications Equipment
Telecommunications
IHS Towers Appoints Colby Synesael as Senior Vice President of Communications
IHS Holding Limited (NYSE:IHS) ("IHS Towers"), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, today announces the appointment of Colby Synesael as Senior Vice President of Communications effective March 1, 2022. Based in New York City, Colby will be responsible for further developing the Group's Investor Relations practice and the existing Communications & Sustainability team. He will be reporting to the company CFO and will also work closely with Sam Darwish, Chairman and CEO, in addition to becoming a member of IHS Towers' Executive Management Committee. The appointment is part of a broader initiat
2/28/22 5:26:00 PM ET
$IHS
Telecommunications Equipment
Telecommunications
IHS Towers Appoints Sandile Msimango as Vice President and CEO, IHS South Africa
IHS Holding Limited (NYSE:IHS) ("IHS Towers"), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, announces the appointment of Sandile Msimango as Vice President and CEO, IHS South Africa. Based in Johannesburg, Sandile will be leading IHS' South African operations reporting directly to Executive Vice President, Group Chief Operating Officer, William Saad. His appointment follows the announcement on November 17, 2021, of IHS' signed agreements to acquire 5,709 telecommunication towers in South Africa from Mobile Telephone Networks Proprietary Limited ("MTN"), one of the leading mobile telecommunications o
1/27/22 9:57:00 AM ET
$IHS
Telecommunications Equipment
Telecommunications

IHS Holding Limited Reports Third Quarter 2024 Financial Results
CONSOLIDATED HIGHLIGHTS – THIRD QUARTER 2024 Revenue of $420.3 million declined 3.5% compared to the second quarter of 2024 with continued growth in revenue from Colocation, Lease Amendments and New Sites partially offsetting the initial impact of the new financial terms in the renewed and extended contracts with MTN Nigeria signed during this quarter. Revenue decreased by 10.0% (or increased by 49.0% organically) year-on-year, with foreign exchange ("FX") resets and escalations, captured within organic growth, helping to mitigate the impact of the 52.0% devaluation of the Nigerian Naira ("NGN") Adjusted EBITDA of $246.0 million (58.5% Adjusted EBITDA Margin) increased 3.3% year-on-ye
11/12/24 7:13:00 AM ET
$IHS
Telecommunications Equipment
Telecommunications
IHS Towers' Third Quarter 2024 Earnings Release and Conference Call
IHS Holding Limited (the "Company") hereby announces that its financial results for the three month period ended September 30, 2024 (the "3Q24 Earnings Results") are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, November 12, 2024. Additionally, a conference call and webcast to discuss the 3Q24 Earnings Results will take place on Tuesday, November 12, 2024, at 8.30am ET (13.30pm UK time). The conference call dial-in numbers are +1 646 307 1963 (U.S./Canada) or +44 20 3481 4247 (UK/International). The call ID is 5159017. To register for the webcast please click here. View source version on businesswire.com: https://www.business
11/1/24 6:11:00 AM ET
$IHS
Telecommunications Equipment
Telecommunications
IHS Holding Limited Reports Second Quarter 2024 Financial Results
Consolidated Highlights – Second Quarter 2024 Revenue of $435.4 million increased 4.2% compared to the first quarter of 2024. Revenue decreased by 20.3% (or increased by 69.3% organically) compared to the second quarter of 2023, reflecting a $490.0 million year-on-year foreign exchange ("FX") headwind, largely as a result of the 63.5% devaluation of the Nigerian Naira ("NGN"), partially offset by $354.7 million FX resets and escalations captured within organic growth. Adjusted EBITDA of $250.8 million (57.6% Adjusted EBITDA Margin) decreased from the second quarter of 2023 by 11.9%, reflecting a $307.2 million year-on-year FX headwind largely as a result of the devaluation of the NGN
8/13/24 7:55:00 AM ET
$IHS
Telecommunications Equipment
Telecommunications

IHS Towers' Second Quarter 2024 Earnings Release and Conference Call

Chat with this insight

Recent Analyst Ratings for
$IHS

$IHS
SEC Filings

SEC Form 6-K filed by IHS Holding Limited

SEC Form 6-K filed by IHS Holding Limited

SEC Form 6-K filed by IHS Holding Limited

$IHS
Press Releases

Fastest customizable press release news feed in the world

IHS Holding Limited Announces Successful Pricing of Dual Tranche Senior Notes Transaction

IHS Holding Limited Announces Potential Dual-Tranche Senior Notes Offering

IHS Holding Limited Reports Third Quarter 2024 Financial Results

$IHS
Market Insights

Live Market Insights

$IHS
Leadership Updates

Live Leadership Updates

$IHS
Financials

Live finance-specific insights

$IHS
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

The Latest Analyst Ratings For IHS Holding

TD Cowen Maintains Buy on IHS Holding, Lowers Price Target to $13

Why Alibaba Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

IHS Towers Partners with Limitless Space Institute to Inspire Space Exploration and Education in Brazil and Nigeria

IHS Towers Appoints Colby Synesael as Senior Vice President of Communications

IHS Towers Appoints Sandile Msimango as Vice President and CEO, IHS South Africa

IHS Holding Limited Reports Third Quarter 2024 Financial Results

IHS Towers' Third Quarter 2024 Earnings Release and Conference Call

IHS Holding Limited Reports Second Quarter 2024 Financial Results

Citigroup resumed coverage on IHS Holding Limited with a new price target

Goldman initiated coverage on IHS Holding Limited with a new price target

Wells Fargo initiated coverage on IHS Holding Limited with a new price target

$IHS
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by IHS Holding Limited (Amendment)

SEC Form SC 13G/A filed by IHS Holding Limited (Amendment)

SEC Form SC 13G/A filed by IHS Holding Limited (Amendment)

IHS Towers' Second Quarter 2024 Earnings Release and Conference Call

Chat with this insight

Recent Analyst Ratings for $IHS

$IHS SEC Filings

SEC Form 6-K filed by IHS Holding Limited

SEC Form 6-K filed by IHS Holding Limited

SEC Form 6-K filed by IHS Holding Limited

$IHS Press Releases

Fastest customizable press release news feed in the world

IHS Holding Limited Announces Successful Pricing of Dual Tranche Senior Notes Transaction

IHS Holding Limited Announces Potential Dual-Tranche Senior Notes Offering

IHS Holding Limited Reports Third Quarter 2024 Financial Results

$IHS Market Insights

Live Market Insights

$IHS Leadership Updates

Live Leadership Updates

$IHS Financials

Live finance-specific insights

$IHS Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

The Latest Analyst Ratings For IHS Holding

TD Cowen Maintains Buy on IHS Holding, Lowers Price Target to $13

Why Alibaba Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

IHS Towers Partners with Limitless Space Institute to Inspire Space Exploration and Education in Brazil and Nigeria

IHS Towers Appoints Colby Synesael as Senior Vice President of Communications

IHS Towers Appoints Sandile Msimango as Vice President and CEO, IHS South Africa

IHS Holding Limited Reports Third Quarter 2024 Financial Results

IHS Towers' Third Quarter 2024 Earnings Release and Conference Call

IHS Holding Limited Reports Second Quarter 2024 Financial Results

Citigroup resumed coverage on IHS Holding Limited with a new price target

Goldman initiated coverage on IHS Holding Limited with a new price target

Wells Fargo initiated coverage on IHS Holding Limited with a new price target

$IHS Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by IHS Holding Limited (Amendment)

SEC Form SC 13G/A filed by IHS Holding Limited (Amendment)

SEC Form SC 13G/A filed by IHS Holding Limited (Amendment)

Recent Analyst Ratings for
$IHS

$IHS
SEC Filings

$IHS
Press Releases

$IHS
Market Insights

$IHS
Leadership Updates

$IHS
Financials

$IHS
Analyst Ratings

$IHS
Large Ownership Changes