Loading...
•
Jun 30, 2021
Liberty Formula One Q2 2021 Earnings Report
Liberty Media reported second quarter results, highlighting SiriusXM's strong financial performance, Formula One's delivery across various aspects, and the Braves' competitive performance and MLB attendance leadership.
Key Takeaways
Liberty Media Corporation reported positive second quarter 2021 results, driven by strong performance from SiriusXM, Formula One, and the Braves. SiriusXM reported a 15% increase in revenue and a 14% increase in adjusted EBITDA. Formula One saw a significant increase in revenue due to the resumption of races. The Braves lead MLB in total attendance.
SiriusXM reported a 15% increase in revenue and a 14% increase in adjusted EBITDA.
Formula 1 revenue increased significantly due to the resumption of races, increased fan engagement, and strategic partnerships.
The Braves lead MLB in total attendance, with over 1.5 million fans returning to Truist Park.
Liberty Media repurchased shares and exchangeable debentures, reflecting confidence in its businesses.
Forward Guidance
This document contains forward-looking statements regarding business strategies, market potential, future financial prospects, and other matters. These statements are subject to risks and uncertainties that could cause actual results to differ materially.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...