Qurate Retail Group, Inc. (QRTEA) Tops Q3 EPS by 13c
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Qurate Retail, Inc. Reports Third Quarter 2020 Financial Results
November 4, 2020 4:15 PM ESTCompany Generates Strong Revenue, Customer and Adjusted OIBDA Growth Across All Businesses
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB, QRTEP) today reported third quarter 2020 results (1).
Our performance was outstanding this quarter. We generated strong growth in revenue, OIBDA, free cash flow and new customers, reflecting broad-based strength in home-related products, said Mike George, President and CEO of Qurate Retail. We are particularly pleased with our consolidated adjusted OIBDA up 24% and gains at all our business units. We believe our strategic priorities and continued investments in innovation position... More
