---
schema_version: "secwatch.filing_event.v1"
accession: "0001611983-23-000056"
form_type: "8-K"
ticker: "LBRDA"
cik: "0001611983"
company_name: "Liberty Broadband Corp"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:27:34.812438+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Liberty Broadband Q3 revenue down 3% to $240M; Charter stake valued at $20.7B

## Summary
- GCI revenue $240M (-3% YoY); operating income $30M vs $1M prior year due to $19M litigation settlement reversal.
- Adjusted OIBDA $85M (-1% YoY); GCI margin improved 80bps to 37.1%.
- Sold 111k Charter shares in Oct for $48M; maintained 26% equity stake valued at $20.7B at Sept 30.
- Repurchased 149k LBRDK shares at avg $88.18 for $13.1M; remaining buyback authorization ~$1.9B.

## SEC filing metadata
- accession: 0001611983-23-000056
- form_type: 8-K
- ticker: LBRDA
- cik: 0001611983
- company_name: Liberty Broadband Corp
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611983/000161198323000056/0001611983-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611983/000161198323000056/lbrda-20231103x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611983-23-000056
- JSON: https://secwatch.observer/filing/0001611983-23-000056.json
- Plain text: https://secwatch.observer/filing/0001611983-23-000056.txt

## Key facts
- Earnings Releases
  Liberty Broadband Corp reported financial results for third quarter 2023.
  - Period: third quarter 2023
  - Result: reported results
  source text: Liberty Broadband Corporation (the "Company") issued a press release (the "Earnings Release") setting forth information, including financial information, which is intended to supplement the financial statements and related Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611983/000161198323000056/0001611983-23-000056-index.htm

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