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8-K filed November 1, 2022, 7:59 PM ET ticker LBTYA CIK 0001570585
earnings confidence high sentiment negative materiality 0.70

Liberty Global Q3: VM Ireland EBITDA -2%, UPC Holding rebased EBITDA -2.5%; Swiss mobile strong

Liberty Global Ltd.

2022-Q3 EPS reported $12.15 revenue$5,353,800,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Liberty Global Ltd. reported Q3 2022 results: revenue €115.4 million, net income €55.0 million.

Period
Q3 2022
Revenue
€115.4 million
Net income
€55.0 million
Result
preliminary results
Exact text from the filing
Financial highlights: • Q3 revenue of €115.4 million remained in line YoY • Q3 residential fixed revenue of €77.3 million increased 0.1% YoY ◦ Fixed subscription revenue increased 0.3% YoY, as targeted price rises implemented successfully in Q3, partially offset by lower acquisition activity and a decrease in video subscribers • Q3 residential mobile revenue increased 6.5% YoY ◦ Mobile subscription revenue increased 10.3%, primarily as a result of organic customer growth underpinned by competitive offers in the marketplace ◦ Mobile non-subscription revenue decreased 4.0% YoY, primarily due to lower interconnect revenue • Q3 B2B revenue increased 13.3% YoY, primarily due to strength in SOHO following the implementation of a price rise, along with the continued recovery of market demand post-pandemic • Q3 net earnings increased to €55.0 million, primarily driven by an increase in realized and unrealized gains on derivative instruments
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Source: SEC EDGAR
accession 0001570585-22-000296
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