WASHINGTON (dpa-AFX) - Liberty Global plc (LBTYA, LBTYB and LBTYK) Thursday reported first-quarter net loss of $537.5 million or $0.61 per share, wider than last year's loss of $78.8 million or $0.10 per share last year.
The increase in net loss for the quarter was primarily due to the impact of the $340 million gain on the sale of Chellomedia recognized last year.
Revenues for the quarter dropped to $4.52 billion from $5.53 billion last year.
Analysts polled by Thomson Reuters expected loss of $0.02 per share on revenues of $4.58 billion for the quarter.
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