GCI Liberty, Inc. (GLIBA) Reports Q2 Revenues Miss
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GCI Liberty Reports Second Quarter 2020 Financial Results
August 10, 2020 8:15 AM EDTENGLEWOOD, Colo.--(BUSINESS WIRE)-- GCI Liberty, Inc. (GCI Liberty) (Nasdaq: GLIBA, GLIBP) today reported second quarter 2020 results. Headlines include(1):
Announced proposed combination with Liberty Broadband Corporation on August 6th Stock-for-stock merger expected to close in first half of 2021, subject to potential COVID-19 related delays GCI(2) revenue increased 5% compared to the second quarter of 2019 GCI Consumer revenue up 5% GCI Business revenue up 6% GCI operating income increased $22 million and Adjusted OIBDA(3) up 18% Liquidity as of June... More