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Mar 31, 2022
Liberty Broadband Q1 2022 Earnings Report
Liberty Broadband reported a decrease in GCI revenue and an increase in cash and debt during the first quarter of 2022.
Key Takeaways
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.
Fair value of Charter investment was $29 billion as of March 31st.
Liberty Broadband received $753 million from sale of 1.3 million Charter shares.
Liberty Broadband repurchased 5.1 million LBRDA/K shares for $719 million.
GCI revenue decreased 4% to $233 million.
Liberty Broadband
Liberty Broadband
Liberty Broadband Revenue by Segment
Forward Guidance
This press release includes certain forward-looking statements under the Private Securities Litigation Reform Act of 1995.