Liberty Broadband Corp

LBRDK

Equity

ISIN US5303073051 / Valor 25717888

NASDAQ (2025-03-12)

USD 80.27-1.12%

Liberty Broadband Corp
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About company

Liberty Broadband Corp is a company that owns communications businesses, primarily focusing on cable, data, wireless, video, voice, and managed services. The company's main asset is its ownership in Charter Communications, the second largest cable operator in the United States. Additionally, Liberty Broadband Corp wholly owns GCI, the largest communications provider in Alaska for over 40 years.

Summarized from source with an LLMView SourceSector: Telecommunications

Revenue Growth

Liberty Broadband Corp reported a 9% increase in total revenue for the third quarter of 2024 compared to the same period in 2023. This growth was driven by a 2% increase in consumer revenue and a significant 16% rise in business revenue, attributed to a strong upgrade cycle in schools and healthcare corporations in remote Alaska.

Operating Income

For the third quarter of 2024, Liberty Broadband Corp's operating income rose by 40% to $42 million, up from $30 million in the third quarter of 2023. The operating income margin also improved, increasing from 12.5% to 16.0%, reflecting enhanced operational efficiency.

Adjusted OIBDA

Liberty Broadband Corp's Adjusted OIBDA for the third quarter of 2024 was $100 million, marking a 12% increase from $89 million in the same quarter of the previous year. The Adjusted OIBDA margin also saw an improvement, rising from 37.1% to 38.2%.

Capital Expenditures

In the third quarter of 2024, Liberty Broadband Corp invested $39 million in capital expenditures, primarily focusing on improvements to wireless and data networks in rural Alaska. The company expects its net capital expenditures for the full year 2024 to be approximately $200 million, aimed at expanding network connectivity in key markets.

Financial Outlook

Liberty Broadband Corp anticipates continued growth in its business segment, driven by ongoing investments in network expansion and connectivity improvements. The company remains focused on high-return investments, particularly in rural Alaska, to support its long-term growth strategy.

Summarized from source with an LLMView Source

Key figures

37.7%1Y

-41.9%3Y

-25.1%5Y

Performance

42.7%1Y

40.1%3Y

37.1%5Y

Volatility