Qurate Retail(QRTEA) - 2024 Q1 - Quarterly Results
Qurate Retail(QRTEA)2024-05-09 03:21
Exhibit 99.1 QURATE RETAIL, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Englewood, Colorado, May 8, 2024 – Qurate Retail, Inc. ("Qurate Retail") (Nasdaq: QRTEA, QRTEB, QRTEP) today reported first quarter 2024 results(1). “Our first quarter results demonstrate the continued momentum in our turnaround. We expanded gross margins for the fourth consecutive quarter, increased Adjusted OIBDA over 40% as reported for the third consecutive quarter of growth, and improved free cash flow year-over-year for the ...