Liberty Broadband Corp Stock Price, News & Analysis

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) announced its fourth quarter and year-end results for 2021. The fair value of its Charter investment reached $35 billion as of December 31, 2021. Over the period from November 1 to January 31, Liberty Broadband generated $1.3 billion from selling 1.9 million Charter shares while maintaining a 26% equity interest in Charter. The company repurchased 8.8 million shares at an average price of $157.95, totaling $1.4 billion. GCI's revenue saw a 2% increase for the year, totaling $970 million, with adjusted OIBDA growing to a record $354 million.

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) will host a conference call on February 25 at 11:15 a.m. (E.S.T.) to discuss its fourth-quarter 2021 results. The press release announcing these results will precede the call and will be accessible on the company’s website. CEO Greg Maffei will lead the discussion, which will include financial performance and future outlook for Liberty Broadband and Liberty TripAdvisor Holdings, Inc. A Q&A session will follow the prepared remarks, allowing participants to ask questions.

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) announced a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP). The dividend is payable on January 18, 2022, to holders of record as of the close of business on December 31, 2021. Liberty Broadband operates in the communications sector, primarily through its interests in Charter Communications and GCI, Alaska's largest communications provider.

Liberty Broadband reported Q3 2021 results highlighting a fair value of Charter investment at $40 billion. From August 1 to October 31, the company generated $1.2 billion from selling 1.5 million Charter shares while maintaining a 26% equity interest in Charter. Share repurchases totaled 5.3 million LBRDA/K shares at an average price of $177.50, costing $935 million. GCI's revenue grew 1% to $246 million, but adjusted OIBDA fell 3% to $89 million. The company amended a credit facility, extending maturity to October 2026.

Liberty Broadband Corporation (NASDAQ: LBRDA, LBRDK, LBRDP) will host a conference call on November 4, 2021, at 11:15 a.m. (E.D.T.) to discuss its third-quarter results. The earnings report will be issued before market open that day. The conference will include a Q&A session following management's remarks. Participants can listen live via the Liberty Broadband website. Liberty Broadband holds significant interests in communications businesses, mainly in Charter Communications and its subsidiary GCI, Alaska's leading communications provider.

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) will host its annual Investor Meeting on November 18, 2021, in New York, NY. The event will feature presentations on Liberty's financial performance and outlook, along with those of affiliated companies like Charter Communications. Attendees must provide proof of vaccination against COVID-19. A livestream will be available for participants unable to attend in person. A Q&A session will follow the presentations, with stockholders encouraged to submit questions in advance.

Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) has declared a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP). This dividend will be payable on October 15, 2021 to shareholders on record as of the close of business on September 30, 2021. Liberty Broadband operates in the communications sector, primarily through its interests in Charter Communications and its subsidiary GCI, which serves Alaskan consumers and businesses for nearly 40 years.

Liberty Broadband reported a strong second quarter 2021, with revenues from GCI growing 7% to $238 million. The company maintained a 26% equity interest in Charter, with a fair value of $41 billion. Liberty Broadband repurchased 7.5 million shares of Series C stock, spending $1.3 billion, and increased share repurchase authorization to $2.5 billion. Operating income improved to $18 million, and adjusted OIBDA rose 14% to $89 million, driven by subscriber growth and demand for data.

Yukon-Kuskokwim Health Corporation (YKHC) and GCI are applying for a $53 million federal grant to enhance internet connectivity in Bethel, Alaska. The project aims to provide high-speed, low-latency fiber internet, achieving urban-level speeds of 1 gigabit per second, impacting 30,000 residents and local businesses. The application for funding will be submitted to the NTIA by September 1, 2021, with awards expected by the year's end. YKHC states that this will significantly improve accessibility and affordability of internet services in the remote region.