Liberty Media (LMCA) Misses Q1 EPS Views; Revs Light

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Liberty Media Corporation Reports First Quarter 2016 Financial Results

May 9, 2016 8:15 AM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Media Corporation ("Liberty Media" or Liberty) (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, LMCA, LMCK) today reported first quarter 2016 results. Highlights include (1):

Completed Recapitalization (the Recapitalization) into three tracking stock groups on April 15th Attributed to Liberty SiriusXM Group SiriusXM reported strong first quarter 2016 results Net subscriber growth of 8% to nearly 30.1 million Revenue climbs 11% to $1.2 billion, a quarterly record Net income rises 62% to $171 million Adjusted EBITDA(2) grows 11% to $441 million... More