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0 0 0 0 -0.0134604598990465 -0.0134604598990465 0.00542157412600484 0.0164516732099458
Stock impact report

Liberty Broadband Reports First Quarter 2024 Financial Results

Liberty Broadband Corporation - Class A (LBRDA) 
Last liberty broadband corporation - class a earnings: 2/8 04:44 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.libertybroadband.com/stockquote.cfm
Company Research Source: Business Wire
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Broadband Corporation (“Liberty Broadband”) (Nasdaq: LBRDA, LBRDK, LBRDP) today reported first quarter 2024 results.Headlines include(1):Fair value of Charter investment was $13.4 billion as of March 31stLiberty Broadband did not sell Charter shares to Charter from February 1, 2024 through April 30, 2024 as its fully diluted equity interest in Charter remained below 26%(2)From February 1, 2024 through April 30, 2024, Liberty Broadband repurchased 103 thousand LBRDK shares at an average price per share of $79.88 for total cash consideration of $8.2 millionIn the first quarter, GCI(3) revenue was flat at $245 million, generated $37 million in operating income and Adjusted OIBDA(4) was flat at $90 millionShare RepurchasesFrom February 1, 2024 through April 30, 2024, Liberty Broadband repurchased 103 thousand shares of Series C Liberty Broadband common stock (Nasdaq: LBRDK) at an average cost per share of $79.88 for total cash consideration o Show less Read more
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