Liberty Capital Q2 revenue flat at $261M; operating income down 43% to $29M; plans $60M annual dividend

GCI Liberty, Inc.

2026-Q2 EPS reported $0.85 vs consensus $1.18 ▼ miss (-28.2%)

Revenue flat at $261M; operating income fell 43% to $29M; Adjusted OIBDA down 11% to $96M.
GCI amended credit facility for up to $480M additional capacity; repurchased $129M of 2028 notes post-quarter.
Liberty Capital intends to initiate quarterly dividend in Dec 2026, ~$60M annualized (~$15M/quarter).
GCI expects to close Quintillion acquisition this year; incurred $4M acquisition costs in Q2.
Consumer broadband subscribers up 1% to 155,400 (incl. 5,400 acquired); wireless lines up 1% to 202,100.

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