MARKET COMPOSITE
QRTEB - Qurate Retail Inc8:00:00 PM 4/22/2024
Price
$3.99
+ 0.11 (2.84%)
Qurate Retail Group , formerly known as Liberty Interactive Corporation, is an American media conglomerate controlled by company Chairman John C. Malone, who owns a majority of the voting shares. Liberty Interactive was originally a division of Liberty Media; on September 28, 1998, Liberty Media announced the formation of Liberty Interactive, a division which would take advantage of new technologies such as set-top boxes to develop interactive programming. The company owned eighty-six percent of TCI Music Inc. . As of January 1, 1999, E! Entertainment President and Chief Executive Officer Lee Masters would become the new company's CEO, and Bruce Ravenel would be Chief Technology Officer.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue3.1B+27%
Gross Profit1.1B-
Cost Of Revenue2.1B+30%
Operating Income-103MM-168%
Operating Expenses1.2B-
Net Income-273MM-27400%
G&A510MM+23%
Amortization74MM-6%
Interest Expense115MM-3%
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