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Sep 30, 2020
Liberty Global Q3 2020 Earnings Report
Liberty Global's Q3 2020 results were announced, highlighting customer and broadband additions alongside strategic advancements.
Key Takeaways
Liberty Global reported a 4.0% increase in revenue with a rebased revenue decrease of 1.3%. The company added 37,000 new customer relationships and 70,000 broadband subscribers. The company reaffirmed its full-year guidance metrics.
Q3 revenue increased 4.0% with rebased revenue decreasing 1.3% to $2,954.5 million.
Q3 loss from continuing operations increased 266% year-over-year to $973.6 million.
Q3 Adjusted EBITDA decreased 0.2% on a reported basis and 5.0% rebased to $1,209.2 million.
The board authorized a new $1 billion share repurchase plan.
Forward Guidance
Liberty Global reaffirmed all of its original, full-year guidance metrics.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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