Liberty Global PLC Reports Net Loss of $499.6 Million in Q2 2023
Revenue for Q2 2023 Stands at $1.85 Billion
By USInMinutes
Published - Jul 25, 2023, 02:20 PM ET
Last Updated - Jul 25, 2023, 02:20 PM EDT
Liberty Global PLC,(LBTYA) a leading telecommunication s company, has released its unaudited condensed consolidated financial statements for the second quarter of 2023. The company reported a net loss of $499.6 million during the quarter, and its revenue reached $1.85 billion.
The financial data for the company's assets, liabilities, and equity show its current financial position and highlight its performance during the six months ending June 30, 2023.
Net Income/Loss
During the three months ended June 30, 2023, Liberty Global PLC experienced a net loss of $499.6 million. This represents a significant decline compared to the same period in the previous year, where the company reported net earnings of $2.79 billion.
