GCI Liberty: 1Q Earnings Snapshot

May 7, 2020 GMT

ENGLEWOOD, Colo. (AP) _ GCI Liberty Inc. (GLIBA) on Thursday reported a first-quarter loss of $631.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Englewood, Colorado-based company said it had a loss of $5.99. Earnings, adjusted for non-recurring costs, were 26 cents per share.

The communications provider in Alaska posted revenue of $235.8 million in the period.

GCI Liberty shares have declined 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $63.12, an increase of roughly 6% in the last 12 months.



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