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Stock impact report

Liberty Media Corporation Reports First Quarter 2024 Financial Results

Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA) 
Last liberty media corporation - series a liberty siriusxm earnings: 11/8 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: ir.libertymedia.com/stockquote.cfm
Company Research Source: Business Wire
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media” or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) today reported first quarter 2024 results. Headlines include(1):Attributed to Liberty SiriusXM GroupSiriusXM reported first quarter 2024 operating and financial resultsFirst quarter 2024 revenue of $2.16 billion; up 1% year-over-yearAd revenue up 7% year-over-yearNet income of $265 million; diluted EPS of $0.07Adjusted EBITDA(2) of $650 million; up 4% year-over-yearFree cash flow(2) of $132 million; down 8% year-over-yearSiriusXM reiterated 2024 financial guidanceLiberty Media’s ownership of SiriusXM was 83.3% as of April 26thOn schedule to complete planned combination of Liberty SiriusXM Group and SiriusXM early third quarter 2024Repaid $65 million under the SiriusXM margin loan in first quarterAttributed to Formula One GroupAnnounced planned acquisition of MotoGP and expect to complete transaction by year-end 2024F1 announced 24-ra Show less Read more
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