India, May 20 -- IHS Holding Ltd. (IHS) reported Tuesday net income attributable to owners of the company for the first quarter of $33.1 million or $0.10 per share, compared to a net loss of $1.56 billion or $4.67 per share in the prior-year quarter.
Revenue for the quarter increased 5.2 percent to $439.6 million from $417.7 million in the same quarter last year. Organic revenue increased 25.6 percent. Analysts expected revenue of $408.98 million for the quarter.
Looking ahead to fiscal 2025, the company continues to expect revenues between $1.68 billion and $1.71 billion for the year. The Street is looking for revenues of $1.70 billion for the year.
Separately, IHS said it agreed to sell 100% of IHS Rwanda Ltd., a wholly owned subsidiar...