Liberty Media Corporation (LSXMA) Reports Q3 Revenues Above Estimates

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Liberty Media Corporation Reports Third Quarter 2018 Financial Results

November 8, 2018 8:15 AM EST

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

Attributed to Liberty SiriusXM Group SiriusXM reported strong third quarter 2018 results SiriusXM added 298,000 net new self-pay subscribers in the quarter Third quarter revenue of $1.5 billion, a new quarterly record Net income grew 24% to $343 million in the quarter; diluted EPS climbed to $0.07 Record adjusted EBITDA(2) of $589 million for the quarter drove adjusted EBITDA margin(2) over 40% for first time... More