GCI Liberty, Inc. (GLIBA) Reports Q4 Revenues Miss

GCI Liberty, Inc. (NASDAQ: GLIBA) reported Q4 revenue for the quarter came in at $224.44 million versus the consensus estimate of $231.7 million.

“We had a solid fourth quarter at GCI. On a year over year basis, Adjusted OIBDA improved approximately $9 million before an additional $4 million net benefit from two significant Rural Health Care matters. We were pleased that the FCC granted the appeal of one of our largest Rural Health Care customers, and we continue to work with them on other pending regulatory matters,\" said GCI CEO, Ron Duncan. \"Our operations performed well, with the efficiency measures that we put in place earlier in the year showing very positive results. We were pleased to see growth return to our consumer cable modem business with net additions of 2,400 subscribers for the quarter.\"

For earnings history and earnings-related data on GCI Liberty, Inc. (GLIBA) click here.

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