---
schema_version: "secwatch.filing_event.v1"
accession: "0001611983-23-000020"
form_type: "8-K"
ticker: "LBRDA"
cik: "0001611983"
company_name: "Liberty Broadband Corp"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:34:07.211596+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001611983-23-000020
- form_type: 8-K
- ticker: LBRDA
- cik: 0001611983
- company_name: Liberty Broadband Corp
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611983/000161198323000020/0001611983-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611983/000161198323000020/lbrda-20230502x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611983-23-000020
- JSON: https://secwatch.observer/filing/0001611983-23-000020.json
- Plain text: https://secwatch.observer/filing/0001611983-23-000020.txt

## Key facts
- Earnings Releases
  Liberty Broadband Corp reported financial results for first quarter 2023.
  - Period: first quarter 2023
  - Result: reported results
  source text: Liberty Broadband Corporation (“Liberty Broadband”) (Nasdaq: LBRDA, LBRDK, LBRDP) today reported first quarter 2023 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611983/000161198323000020/0001611983-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.