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Sep 30, 2022
Liberty Broadband Q3 2022 Earnings Report
Liberty Broadband reported mixed results with GCI revenue increasing slightly but operating income decreasing significantly due to a legal settlement accrual.
Key Takeaways
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.
Fair value of Charter investment was $14.7 billion as of September 30th
Liberty Broadband received $616 million from sale of 1.4 million Charter shares
Liberty Broadband repurchased 5.5 million LBRDA/K shares for $550 million
GCI revenue increased 1% to $248 million, operating income was $1 million
Revenue by Segment
Forward Guidance
Liberty Broadband will discuss these highlights and other matters on Liberty Broadband's earnings conference call that will begin at 11:15 a.m. (E.T.) on November 4, 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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