Deals
Liberty Global Quarterly Loss Widens as Investments Suffer
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Liberty Global Plc, the cable company controlled by billionaire John Malone, reported a wider quarterly loss after debt and interest expenses grew.
The net loss widened to $830.1 million, or $2.09 a share, from $22.4 million, or 8 cents, a year earlier, the London-based company said in a statement yesterday. Revenue rose 74 percent to $4.37 billion, missing analysts’ $4.42 billion average estimate, according to data compiled by Bloomberg.