Liberty Broadband Earnings Reports

Liberty Broadband reported its Q4 2024 results, noting progress on its merger with Charter and plans to spin off GCI. GCI's revenue increased by 5% in Q4, driven by business revenue growth, while consumer revenue remained flat. Operating income increased, but Adjusted OIBDA decreased slightly.

Liberty Broadband reported third quarter 2024 results, including a 9% increase in GCI revenue to $262 million and operating income of $42 million. The fair value of Charter investment was $14.8 billion as of September 30th. Liberty Broadband is in discussions regarding a proposed all-stock combination with Charter.

Liberty Broadband reported second quarter 2024 results with flat revenue at $246 million. Operating income decreased to $21 million. The fair value of Charter investment was $13.7 billion as of June 30th. Liberty Broadband sold 270 thousand shares of Charter Class A common stock to Charter for total proceeds of $74 million.

Liberty Broadband reported first quarter 2024 results. GCI revenue was flat at $245 million, with operating income of $37 million. Liberty Broadband repurchased 103 thousand shares for $8.2 million.

Liberty Broadband reported fourth quarter and year-end 2023 results, with a fair value of Charter investment at $18.0 billion as of December 31, 2023. GCI's revenue remained flat in Q4 but grew 1% for the full year. Liberty Broadband repurchased 3.2 million LBRDK shares from November 1, 2023, through January 31, 2024, for $255 million.

Liberty Broadband's third quarter 2023 saw a decrease in GCI revenue by 3% to $240 million and operating income of $30 million. The company resumed Charter share sales and repurchased LBRDK shares. The fair value of Charter investment was $20.7 billion as of September 30th.

Liberty Broadband reported second quarter 2023 results. GCI increased revenue 3% to $245 million and operating income grew significantly. Liberty Broadband did not sell Charter shares during the period.

Liberty Broadband reported first quarter 2023 results, featuring a 6% increase in GCI revenue to $246 million and operating income growth of 38% to $29 million. The company repurchased shares and managed debt, issuing $1.3 billion in debentures while repurchasing $1.4 billion in near-term liabilities. The fair value of Charter investment was $16.8 billion as of March 31st.

Liberty Broadband reported Q4 2022 results, noting a fair value of Charter investment at $16.0 billion as of December 31, 2022. GCI's revenue increased by 2% due to strong data demand. Liberty Broadband's cash increased $172 million in the fourth quarter as proceeds from Charter share sales more than offset share repurchases in the period.

Liberty Broadband's third quarter results showed a slight increase in GCI revenue but a significant decrease in operating income due to a legal settlement accrual. The fair value of Charter investment was $14.7 billion as of September 30th. Liberty Broadband repurchased 5.5 million LBRDA/K shares for $550 million.

Liberty Broadband reported flat revenue for GCI at $238 million, while operating income was $10 million. Adjusted OIBDA grew 1% to $90 million. From May 1st through July 31st, Liberty Broadband repurchased 9.0 million LBRDA/K shares at an average price per share of $116.40 for total cash consideration of $1.0 billion.

Liberty Broadband reported first quarter 2022 results, including a decrease in GCI revenue and an increase in debt. The fair value of Charter investment was $29 billion as of March 31st. Liberty Broadband repurchased 5.1 million LBRDA/K shares for $719 million. GCI revenue decreased 4% to $233 million, with operating income of $21 million.

Liberty Broadband reported Q4 and year-end 2021 results, featuring a fair value of Charter investment at $35 billion as of December 31st. The company received $1.3 billion from the sale of 1.9 million Charter shares and repurchased 8.8 million LBRDA/K shares for $1.4 billion. GCI's revenue decreased by 3% in Q4, while operating income also declined.

Liberty Broadband reported Q3 2021 results, noting the fair value of its Charter investment at $40 billion. The company repurchased shares and GCI's revenue grew by 1%.

Liberty Broadband reported second quarter 2021 results, with GCI growing revenue by 7% to $238 million. The company repurchased 7.5 million LBRDK shares for $1.3 billion and increased the repurchase authorization to $2.5 billion.

Liberty Broadband reported first quarter 2021 results, highlighting GCI's revenue growth and strategic share repurchases. GCI's revenue grew by 5%, driven by robust demand for data across both consumer and business customers. Liberty Broadband actively repurchased shares, utilizing proceeds from Charter's buyback program to generate value for shareholders.

Liberty Broadband reported fourth quarter and year-end 2020 results, highlighting the completion of the GCI Liberty acquisition, a significant fair value of its Charter investment, and an increased repurchase authorization. GCI's revenue grew by 12% and operating income increased.