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Sep 30, 2023
Liberty Formula One Q3 2023 Earnings Report
Liberty Media reported third quarter results
Key Takeaways
Liberty Media reported strong third quarter results, with SiriusXM driving adjusted EBITDA growth and Formula 1 experiencing sell-out crowds and record race attendance.
SiriusXM reported a 47% year-over-year increase in net income.
Formula 1 announced a multi-year regional partnership with American Express.
Formula 1 continues to experience sell-out crowds and record race attendance.
Liberty made a proposal for a combination of Liberty SiriusXM and Sirius in September.
Forward Guidance
Liberty Media provided no forward guidance in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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