Liberty Global Posts $548M Q3 Profit as Rebased Adjusted EBITDA Falls 13.7%

Liberty Global posted $547.7 million in consolidated net earnings for the third quarter, reversing a year-earlier loss, while rebased adjusted EBITDA declined as revenue rose sharply on a reported basis. For the three months ended Sept. 30, consolidated net earnings were $547.7 million, compared with a loss of $83.4 million in the same quarter last year. Net earnings attributable to Liberty Global shareholders were $457.9 million, versus a loss of $90.7 million. The shareholder figure is a portion of consolidated earnings, so the two totals measure different things.

Source: TokenPost