Liberty Media Corporation (LSXMA) Q2 Revenue Tops Views

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Liberty Media Corporation Reports Second Quarter 2018 Financial Results

August 8, 2018 8:15 AM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Media Corporation ("Liberty Media" or Liberty) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) today reported second quarter 2018 results. Highlights include(1):

Attributed to Liberty SiriusXM Group SiriusXM reported strong second quarter 2018 results Added 483,000 net new self-pay subscribers in the quarter Second quarter revenue climbed 6% to $1.4 billion Net income grew 45% to $292 million in the quarter; diluted EPS climbed 49% to $0.06 Adjusted EBITDA(2) grew 4% to $543 million Operating cash flow climbed 20% to $579 million; free cash flow(2) climbed 17% to $486 million... More