$LBTYA 8-K earnings — Q2 FY26

EPS not explicitly stated vs consensus; net loss of $357.8M improved 87% from $2.77B loss a year ago. Revenue of $1.17B fell 7.7% reported (6% rebased), missing expectations. Guidance upgraded: year-end corporate cash target raised to $2.0B from $1.5B on $1.2B YTD asset monetizations. Key nuance: The $604M EdgeConneX exit (30% IRR) drove Growth portfolio disposals, but operating EBITDA trends remain mixed—Telenet revenue down 4.1% while VodafoneZiggo posted best broadband net adds in 6 years.

EPS not explicitly stated vs consensus; net loss of $357.8M improved 87% from $2.77B loss a year ago. Revenue of $1.17B fell 7.7% reported (6% rebased), missing expectations. Guidance upgraded: year-end corporate cash target raised to $2.0B from $1.5B on $1.2B YTD asset monetizations. Key nuance: The $604M EdgeConneX exit (30% IRR) drove Growth portfolio disposals, but operating EBITDA trends remain mixed—Telenet revenue down 4.1% while VodafoneZiggo posted best broadband net adds in 6 years.