Liberty Media Corp Q3 2023 Earnings Call Summary - Thomson StreetEvents

Liberty Media Corp Q3 2023 Earnings Call Summary

Liberty Media Corp Q3 2023 Earnings Call Summary - Thomson StreetEvents
Liberty Media Corp Q3 2023 Earnings Call Summary
Published Nov 03, 2023
16 pages (8623 words) — Published Nov 03, 2023
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About This Report

  
Abstract:

Edited Brief of FWONA.OQ earnings conference call or presentation 3-Nov-23 2:00pm GMT

  
Brief Excerpt:

...A. Q3 results demonstrate what management had put forward during the year that there would be continuous improvement throughout the year, and we saw sequential improvements in self-pay net adds, and we expect a slightly positive back half of the year. B. EBITDA grew 4% versus the prior year and 6% sequentially, and there were $40 million of cost savings that were realized during the third quarter. C. The dividend was raised 10%. D. Management does remain focused on its strategic objectives, supported by the significant EBITDA and free cash flow generation. E. We announced in September our planned acquisition of Quint. F. We believe this merger or this purchase will announce -- enable us an enhanced partnership with F1 and lead us to expand to other live sporting events. G. Quint is a high-growth asset with EBITDA and cash flow positive capabilities and currently already are both, but we'll expect will grow more over time. H. During the quarter, in October, we repriced the $1.7 billion of...

  
Report Type:

Brief

Source:
Company:
Liberty Media Corp
Ticker
FWONA.OQ
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Liberty Media Corp Q3 2023 Earnings Call Summary" Nov 03, 2023. Alacra Store. May 03, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Liberty-Media-Corp-Earnings-Call-B15766251>
  
APA:
Thomson StreetEvents. (2023). Liberty Media Corp Q3 2023 Earnings Call Summary Nov 03, 2023. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Liberty-Media-Corp-Earnings-Call-B15766251>
  
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