Liberty Media (LMCA) Net Income Rises 117% in Q3, Sales Miss Views
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Liberty Media (NASDAQ: LMCA) Q3 adjusted EBITDA climbed 29% to a record $381 million. Net Income of $136 million was up 117% Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.2 billion.
"SiriusXM again posted outstanding results and raised guidance across the board," stated Greg Maffei, Liberty President and CEO. "We expect to complete the spin-off of Liberty Broadband today and look forward to the focus and clarity that it will provide for both Liberty Broadband and Liberty Media."
For earnings history and earnings-related data on Liberty Media (LMCA) click here.
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