secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Broadband Corp (LBRDA)
CIK:        0001611983
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001611983-23-000056
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611983/000161198323000056/0001611983-23-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611983/000161198323000056/lbrda-20231103x8k.htm
  HTML page:      https://secwatch.observer/filing/0001611983-23-000056

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