---
schema_version: "secwatch.filing_event.v1"
accession: "0001611983-24-000014"
form_type: "8-K"
ticker: "LBRDA"
cik: "0001611983"
company_name: "Liberty Broadband Corp"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:23:04.269017+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Liberty Broadband Q1: Charter investment fair value drops to $13.4B; GCI revenue flat, operating income up 28%

## Summary
- Fair value of Charter investment fell from $18.0B to $13.4B as of March 31, 2024.
- GCI revenue flat at $245M; operating income up 28% to $37M; Adjusted OIBDA flat at $90M.
- Liberty Broadband repurchased 103K LBRDK shares at avg $79.88 for $8.2M from Feb-Apr 2024.
- No Charter shares sold to Charter during period as fully diluted equity interest remained below 26%.
- Total debt decreased $41M to $3.77B; GCI leverage at 2.8x.

## SEC filing metadata
- accession: 0001611983-24-000014
- form_type: 8-K
- ticker: LBRDA
- cik: 0001611983
- company_name: Liberty Broadband Corp
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611983/000161198324000014/0001611983-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611983/000161198324000014/lbrda-20240508x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611983-24-000014
- JSON: https://secwatch.observer/filing/0001611983-24-000014.json
- Plain text: https://secwatch.observer/filing/0001611983-24-000014.txt

## Key facts
- Earnings Releases
  Liberty Broadband Corp reported financial results for first quarter 2024.
  - Period: first quarter 2024
  - Result: reported results
  source text: On May 8, 2024, 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 March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611983/000161198324000014/0001611983-24-000014-index.htm

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