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Liberty Media: 2Q Earnings Snapshot

ENGLEWOOD, Colo. (AP) _ Liberty Media Corp. (FWONK) on Wednesday reported second-quarter net income of $9 million.

On a per-share basis, the Englewood, Colorado-based company said it had net income of 4 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.

The media and entertainment company posted revenue of $585 million in the period.

Liberty Media shares have risen 3 percent since the beginning of the year. The stock has climbed 2 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FWONK at https://www.zacks.com/ap/FWONK