Liberty Global

Q2 FY2026 EarningsFY26 Q2 results missed consensus significantly on both top and bottom lines: revenue $1,172M vs. $1,343M expected (-12.74%) and GAAP EPS -$1.07 vs. -$0.10 expected. The revenue miss was primarily driven by the disposition of UPC Slovakia and organic declines in broadcasting and mobile handset sales at Telenet. While Adjusted EBITDA margins improved in Telenet and VMO2, heavy non-operating impacts and high tax expenses resulted in a GAAP net loss attributable to shareholders of $365.1M.