ENGLEWOOD, Colo. (AP) _ Liberty Media Corp. (FWONA) on Friday reported second-quarter net income of $55 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Englewood, Colorado-based company said it had net income of 24 cents.
The media and entertainment company posted revenue of $501 million in the period.
Liberty Media shares have increased 9.5% since the beginning of the year. In the final minutes of trading on Friday, shares hit $41.61, an increase of 18% in the last 12 months.
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