earnings
confidence high
sentiment neutral
materiality 0.80
GCI Liberty Q1 rev $256M (-4%); acquires 6% LLA stake for $107M; in talks for Malone's LLA shares
GCI Liberty, Inc.
2026-Q1 EPS
reported $0.45
vs consensus $1.25
▼ miss
(-63.9%)
- Revenue $256M (-4% YoY); operating income $30M (-48%); Adjusted OIBDA $93M (-18%).
- GCI entered agreement to acquire Quintillion for $310M cash plus up to $50M capex reimbursement and earn-outs.
- Purchased ~61K LLA Class A and 12.3M Class C shares for $107M; now holds ~6% of LLA.
- In discussions with John Malone to acquire his LLA equity (incl. high-vote shares) for newly issued GCIL Series C stock.
- Company to rename to Liberty Capital Corporation; no change to tickers.