Liberty Global Posts Wider Q4 Loss From Cont. Ops. - Quick Facts

(RTTNews) - Liberty Global plc (LBTYA, LBTYB and LBTYK) reported a fourth-quarter loss from continuing operations of $502.6 million or $0.62 per share, compared to a loss of $104.2 million or $0.14 per share, prior year. The company said the year-over-year increase in losses was driven to a large extent by the net increase in foreign currency transaction losses, the lower operating income and lower gains related to changes in fair values of certain investments, partly offset by positive movements related to derivative instruments.

Revenue increased to $4.62 billion from $4.47 billion last year. Analysts polled by Thomson Reuters expected revenue of $4.62 billion for the quarter.