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Liberty Global (LBTYA) Posts Q1 Loss of 61c/Share

May 7, 2015 5:11 PM

Liberty Global (NASDAQ: LBTYA) reported Q1 EPS of ($0.61), $0.59 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.58 billion.

The increase in our Net Loss during Q1 2015 is primarily due to the impact of the $340 million gain on the sale of our Chellomedia that we recognized in Q1 2014. In addition, our Net Loss was impacted by the impacts of a higher loss on debt modification and extinguishment and the net negative impact of a strengthening U.S. dollar on our derivative and FX results.

For earnings history and earnings-related data on Liberty Global (LBTYA) click here.

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