FWONK Stock Recent News

Formula One Group (NASDAQ:FWONA ) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Shane Kleinstein - Vice President-Investor Relations Greg Maffei - President and Chief Executive Officer-Liberty Media Corporation Stefano Domenicali - President and Chief Executive Officer Brian Wendling - Chief Accounting and Principal Financial Officer-Liberty Media Corporation Renee Wilm - Chief Legal Officer & Chief Administrative Officer Ben Oren - Executive Vice President & Treasurer Conference Call Participants Stephen Glagola - Cowen & Company Ben Swinburne - Morgan Stanley Vijay Jayant - Evercore Bryan Kraft - Deutsche Bank David Karnovsky - J.P. Morgan Stephen Laszczyk - Goldman Sachs Marlane Pereiro - Bank of America Operator Good morning, and welcome to the Liberty Media Corporation's 2023 Q2 Earnings Call.

Liberty Media (FWONK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances.

Renewed revenue growth has been driven by a strategic initiative to target new customers. Netflix's Drive to Survive, new tracks globally, and digital expansion are key growth drivers that have been highly successful.

Formula One Group (NASDAQ:FWONA ) Q1 2023 Earnings Conference Call May 5, 2023 9:30 AM ET Company Participants Shane Kleinstein – Vice President-Investor Relations Greg Maffei – President and Chief Executive Officer-Liberty Media Corporation Stefano Domenicali – President and Chief Executive Officer Brian Wendling – Chief Accounting and Principal Financial Officer-Liberty Media Corporation Conference Call Participants David Karnovsky – J.P. Morgan Bryan Kraft – Deutsche Bank Vijay Jayant – Evercore Peter Supino – Wolfe Research Stephen Laszczyk – Goldman Sachs David Joyce – Seaport Research Partners Matthew Harrigan – Benchmark Company Operator Welcome to the Liberty Media Corporation's 2023 Q1 Earnings Call.

Liberty Media (NASDAQ:LINTA), whose portfolio of assets across the media and entertainment industries are tracked by the stocks Liberty SiriusXM Group, Formula One Group, and Braves Group, reported its first quarter earnings before the opening bell on Friday. Formula One Group, in which the Liberty SiriusXM Group has an approximate 0.4% intergroup interest as of April 30, reported revenue of $381 million, compared to $360 million in the year-ago quarter.

Liberty Media (FWONK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Media Conglomerates like Disney (DIS), Liberty (FWONK) and Reservoir (RSVR) are benefiting from the growing demand for high-speed Internet and increased media consumption amid significant cord-cutting.

Formula One Group (NASDAQ:FWONA ) Q4 2022 Earnings Conference Call March 1, 2023 10:00 AM ET Company Participants Shane Kleinstein - VP, IR Gregory Maffei - President & CEO Brian Wendling - Chief Accounting & Principal Financial Officer Stefano Domenicali - President & CEO, Formula One Conference Call Participants Vijay Jayant - Evercore Benjamin Swinburne - Morgan Stanley Barton Crockett - Rosenblatt Securities Stephen Laszczyk - Goldman Sachs Peter Supino - Wolfe Research Jason Bazinet - Citi Operator Welcome to the Liberty Media 2022 Year-End Conference Call. During the presentation, all participants will be in a listen-only mode.

Media Conglomerates like Liberty (FWONK) and Reservoir (RSVR) are benefiting from the growing demand for high-speed Internet and increased media consumption amid significant cord-cutting.