Liberty Media Corporation Reports Strong Q2 2023 Financial Results
August 9, 2023
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Liberty Media Corporation, the parent company of LIBERTY SIRIUSXM ($NASDAQ:LSXMA), announced its financial results for the second quarter of 2023, reporting a strong performance. The news comes from their headquarters in Englewood, Colorado. LIBERTY SIRIUSXM is a stock that trades on the Nasdaq Global Select Market under the ticker symbol LSXMA.
The strong financial performance for the second quarter of 2023 demonstrates Liberty Media’s commitment to creating value for its shareholders. With a strong financial foundation, LIBERTY SIRIUSXM has positioned itself for continued success in the future.
Share Price
The LIBERTY SIRIUSXM stock opened at $23.6 on Monday and closed at $23.5, slightly down by 0.6% from the prior closing price of 23.6. Despite this, the company reported a successful second quarter for 2023, with strong financial results and an impressive increase in subscriber numbers. This increase was mainly due to higher subscription revenues and advertising sales, along with growth in streaming and other services.
The company’s strong financial performance is a testament to its dedication to delivering excellent services and entertainment experiences to its customers. LIBERTY SIRIUSXM continues to move in the right direction and is on track to deliver even more success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Liberty Siriusxm. More…
| Total Revenues | Net Income | Net Margin |
| 12.12k | 915 | 12.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Liberty Siriusxm. More…
| Operations | Investing | Financing |
| 2.51k | -143 | -2.96k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Liberty Siriusxm. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 30.23k | 18.11k | 28.02 |
Key Ratios Snapshot
Some of the financial key ratios for Liberty Siriusxm are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.3% | 7.1% | 19.4% |
| FCF Margin | ROE | ROA |
| 13.5% | 16.2% | 4.9% |
Analysis
At GoodWhale, our team of analysts is dedicated to providing comprehensive fundamental analysis of LIBERTY SIRIUSXM. After a thorough evaluation of the company’s finances, business operations, and industry context, our Risk Rating has determined that LIBERTY SIRIUSXM is a medium risk investment. However, during our analysis, our team has identified two potential risk warnings in LIBERTY SIRIUSXM’s income sheet and balance sheet. To gain access to this insight and more, register with us today and get the complete overview of LIBERTY SIRIUSXM’s fundamentals. With GoodWhale on your side, you can have peace of mind that you are making informed, data-driven investments. More…
Peers
The competition between Liberty SiriusXM Group and its competitors, Corporacion Interamericana de Entretenimiento SAB de CV, Inmyshow Digital Technology (Group) Co Ltd, and PT Intermedia Capital Tbk, is fierce. All of these companies are vying for a bigger share of the market in the digital entertainment and media industry, fighting to provide their customers with the most innovative and cost-effective solutions. This competition is driving each company to push the boundaries of innovation, creating a competitive environment that will benefit customers in the long run.
– Corporacion Interamericana de Entretenimiento SAB de CV ($OTCPK:CIEZF)
Corporacion Interamericana de Entretenimiento SAB de CV is a Mexican entertainment company that provides film, television and radio services. As of 2022, the company has a market cap of 327.67M and a Return on Equity of 10.9%. This market capitalization indicates that the company is a mid-sized organization and that it is performing well in terms of generating returns for its shareholders. The return on equity of 10.9% further suggests that the company is managing its investments and resources efficiently and is creating value for its shareholders.
– Inmyshow Digital Technology (Group) Co Ltd ($SHSE:600556)
MyShow Digital Technology (Group) Co Ltd is a Chinese digital media and entertainment company that specializes in providing online entertainment and media services. The company’s market cap as of 2022 is 12.46B, which demonstrates its strong presence in the industry. Additionally, the company has a Return on Equity of 3.77%, indicating that it is able to generate profits from its investments. This is a testament to the company’s ability to create value for its shareholders and provide a good return on their investments. MyShow Digital Technology (Group) Co Ltd is an example of how digital media and entertainment companies can be successful in the current digital landscape.
– PT Intermedia Capital Tbk ($IDX:MDIA)
Intermedia Capital Tbk (ICAP) is a leading Indonesian media conglomerate with a market capitalization of 2.16T as of 2022. The company operates in various sectors including television broadcasting, radio, digital media, and advertising. ICAP’s success can be attributed to its strong financial performance, as evidenced by its Return on Equity (ROE) of 8.11%. This impressive return reflects the company’s ability to effectively manage and reinvest its profits to increase shareholder value. ICAP’s diversified portfolio of businesses and its strong financial performance have allowed it to become one of the leading media companies in Indonesia.
Summary
Overall, LIBERTY SIRIUSXM is in a strong position for investors, with a robust financial performance and continued subscriber growth.
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