Liberty Broadband Q1: GCI revenue +6% to $246M; debt refi with $1.3B debenture issuance

Liberty Broadband Corp

2023-Q1 EPS reported $0.47 revenue$246,000,000

GCI revenue rose 6% to $246M, operating income $29M (+38%), Adjusted OIBDA $90M (+3%).
Issued $1.3B of 3.125% exchangeable debentures due 2053; used proceeds to repurchase $1.4B near-term liabilities.
Fair value of Charter investment increased to $16.8B at March 31, 2023 from $16.0B at year-end.
From Feb-Apr 2023, repurchased 137K LBRDA/K shares at avg $92.84 for $13M; $2.0B authorization remains.
Pantallas: GCI expects 2023 capex ~$185M; indemnity payments of $24M made on LI LLC Charter debentures.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Liberty Broadband Corp reported financial results for first quarter 2023.

Period: first quarter 2023
Result: reported results

Exact text from the filing

Liberty Broadband Corporation (“Liberty Broadband”) (Nasdaq: LBRDA, LBRDK, LBRDP) today reported first quarter 2023 results.

View on SEC.gov

39 earnings releases filed in the last 30 days. Browse all earnings releases →

Liberty Broadband Corp filing history →

Source: SEC EDGAR

accession 0001611983-23-000020

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.