IHS Holding Limited (IHS), a provider of telecommunication infrastructure solutions, on Wednesday reported a sharp turnaround to profit for the third quarter of 2025, driven by higher revenue, lower costs, and stronger finance income. Both profit and revenue exceeded Street expectations, sending the company's stock up more than 7% in pre-market trading.
Profit before tax came in at $188.4 million, compared with a loss of $199.3 million in the same period last year.
Administrative expenses declined to $58.3 million from $92.8 million, finance costs fell to $101.7 million from $350.8 million, and finance income surged to $130.2 million from $25.7 million.
Operating profit rose 27.1% to $159.9 million from $125.8 million a year earlier.
Net income attributable to owners of the company was $151 million or $0.44 per share compared with a loss of $204.1 million or $0.61 per share in the prior-year quarter.
On average, 11 analysts had expected earnings of $0.11 per share. Analysts' estimates typically exclude special items.
Revenue increased 8.3% year-on-year to $455.1 million, exceeding the consensus estimate of $422.44 million.
For the full year, IHS now expects revenue of $1.720 billion-1.750 billion, up from the previous guidance of $1.700 billion-1.730 billion, versus analyst estimates of $1.73 billion. Adjusted EBITDA is forecast at $995 million-1.015 billion, compared with the prior range of $985 million-1.005 billion.
IHS Holding closed Tuesday's trading at $6.73, up 3.22%.
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