| Summary of Unaudited Quarterly Results of Operations |
The following is a summary of unaudited quarterly results of operations for the years ended December 31, 2018 and 2017:
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First
Quarter
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Second
Quarter
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Third
Quarter
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Fourth
Quarter
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amounts in thousands,
except per share amounts
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2018 |
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Revenue |
$ |
61,204 |
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233,490 |
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|
210,146 |
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|
234,922 |
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Operating income (loss) |
$ |
(7,369 |
) |
|
(593 |
) |
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(19,869 |
) |
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(222,161 |
) |
Net earnings (loss) |
$ |
(170,731 |
) |
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(303,480 |
) |
|
317,256 |
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|
(716,699 |
) |
Net earnings (loss) attributable to GCI Liberty, Inc. shareholders |
$ |
(170,692 |
) |
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(303,326 |
) |
|
317,383 |
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(716,668 |
) |
Basic net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share |
$ |
(1.58 |
) |
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(2.82 |
) |
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2.95 |
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(6.72 |
) |
Diluted net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share |
$ |
(1.58 |
) |
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(2.82 |
) |
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2.91 |
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(6.72 |
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2017 |
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Revenue |
$ |
3,969 |
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6,177 |
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5,493 |
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8,178 |
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Operating income (loss) |
$ |
(11,351 |
) |
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(11,617 |
) |
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(10,469 |
) |
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(22,160 |
) |
Net earnings (loss) |
$ |
450,654 |
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|
31,601 |
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287,290 |
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(44,988 |
) |
Net earnings (loss) attributable to GCI Liberty, Inc. shareholders |
$ |
450,654 |
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|
31,602 |
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|
287,362 |
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(45,032 |
) |
Basic net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share |
$ |
4.13 |
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|
0.29 |
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2.64 |
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(0.41 |
) |
Diluted net earnings (loss) attributable to Series A and Series B GCI Liberty, Inc. shareholders per common share |
$ |
4.13 |
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0.29 |
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2.64 |
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(0.41 |
) |
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