Liberty Global PLC's stock price surged 5.40% during intraday trading on Friday, following the release of its first-quarter 2026 financial results.

The telecommunications company reported a significant turnaround, posting net earnings of $358.2 million for Q1 2026, compared to a substantial loss of $1.32 billion in the same period last year. Revenue also increased to $1.27 billion from $1.17 billion a year earlier, meeting analyst expectations.

The strong quarterly performance, which exceeded profit forecasts, appears to have driven investor optimism. The company also confirmed its full-year 2026 guidance, reinforcing confidence in its operational and strategic goals for the remainder of the year.