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Stock impact report

Liberty Broadband Reports Third 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 third quarter 2024 results.Headlines include(1):Fair value of Charter investment was $14.8 billion as of September 30thAs described in the Schedule 13D/A filed with the SEC on September 23rd, Liberty Broadband and the Special Committee of the Board of Directors of Charter are discussing a proposed all-stock combination of Liberty Broadband with CharterProposed transaction would rationalize dual corporate structure and provide enhanced trading liquidityAdditional updates will be provided only if and when definitive terms are agreedFrom August 1, 2024 through October 31, 2024, Liberty Broadband received $74 million of proceeds from sale of 225 thousand Charter shares to CharterMaintained fully diluted equity interest in Charter of 26%(2)In the third quarter, GCI(3) increased revenue 9% to $262 million, generated $42 million in operating income and grew Show less Read more
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