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Stock impact report

Liberty Broadband Reports Fourth Quarter and Year End 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 fourth quarter and year end 2024 results.Headlines include (1):On November 12, 2024, Liberty Broadband entered into a definitive agreement to be acquired by CharterTransaction was approved at Liberty Broadband’s special meeting of shareholders on February 26, 2025 and is expected to close on June 30, 2027, unless otherwise agreedLiberty Broadband expects to spin off its GCI business in the summer of 2025Fair value of Charter investment was $15.5 billion as of December 31, 2024From November 1, 2024 through January 31, 2025, Liberty Broadband received $205 million of proceeds from sale of 541 thousand Charter shares to CharterFor the full year, GCI(2) grew revenue 4% to $1.0 billion, generated operating income of $144 million and Adjusted OIBDA(3) of $362 million“Our merger with Charter is progressing well, including getting the requisite shareholder ap Show less Read more
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