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.

Total Revenue
$2.96B
Previous year: $2.84B
+4.0%
EPS
-$1.73
Previous year: $0.77
-324.7%
Gross Profit
$2.13B
Previous year: $2.04B
+4.7%
Cash and Equivalents
$3.8B
Previous year: $7.38B
-48.5%
Free Cash Flow
$403M
Total Assets
$51.2B
Previous year: $48.2B
+6.2%

Liberty Global

Liberty Global

Liberty Global Revenue by Segment

Forward Guidance

Liberty Global reaffirmed all of its original, full-year guidance metrics.

Revenue & Expenses

Visualization of income flow from segment revenue to net income