Liberty Global (LBTYA) Q1 Revenues Beat
Liberty Global (NASDAQ: LBTYA) reported Q1 revenues rose 1.5% to $1.85 billion versus the consensus estimate of $1.84 billion.
- Q1 earnings from continuing operations decreased 24.4% YoY on a reported basis to $1,075.7 million
- Q1 Adjusted EBITDA decreased 48.0% YoY on a reported basis and increased 2.6% on a rebased basis to $684.3 million
- Q1 property & equipment additions were 20.6% of revenue, as compared to 20.9% in Q1 2021
- Balance sheet with $4.7 billion of total liquidity
Comprised of $0.9 billion of cash, $2.3 billion of investments held under SMAs and $1.5 billion of unused borrowing capacity10
- Fully-swapped borrowing cost of 3.4% on a debt balance of $14.7 billion for the Full Company11
For earnings history and earnings-related data on Liberty Global (LBTYA) click here.
