Liberty Media Q3 revenue slightly misses estimates
Liberty Media reported third-quarter revenue of $1.23 billion, slightly below the $1.24 billion analyst estimate, and net income of $162 million.
Liberty Media reported third-quarter revenue of $1.23 billion, slightly below the $1.24 billion analyst estimate, and net income of $162 million.
Liberty Media’s third-quarter revenue was $1.23 billion, slightly below the $1.24 billion consensus estimate from 10 analysts. Net income was $162 million. The company did not provide specific financial guidance for the current quarter or full year.
F1 primary revenue rose with one additional race, contractual fee increases and new sponsorships. Other F1 revenue increased on higher hospitality revenue at recurring events and the additional event, while MotoGP primary revenue declined on two fewer events and lower contractual media-rights revenue.
