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Liberty Broadband Corporation - LBRDA STOCK NEWS

Welcome to our dedicated page for Liberty Broadband Corporation news (Ticker: LBRDA), a resource for investors and traders seeking the latest updates and insights on Liberty Broadband Corporation stock.

Liberty Broadband Corporation, a cable operator, provides video, internet, and voice services to residential, and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers precision location solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system. It also provides geospatial insights, a location intelligence and data insights service for enterprises, research and consulting firms, financial institutions, and advertisers to understand, measure, and optimize the performance of businesses; benchmark performance against competitors; enhance customer experience; advertise to, and target existing and prospective customers; and measure the efficacy of advertising campaigns in driving growth.

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Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) will host a conference call on February 25 at 11:15 a.m. (E.S.T.) to discuss its fourth-quarter 2021 results. The press release announcing these results will precede the call and will be accessible on the company’s website. CEO Greg Maffei will lead the discussion, which will include financial performance and future outlook for Liberty Broadband and Liberty TripAdvisor Holdings, Inc. A Q&A session will follow the prepared remarks, allowing participants to ask questions.

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Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) announced a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP). The dividend is payable on January 18, 2022, to holders of record as of the close of business on December 31, 2021. Liberty Broadband operates in the communications sector, primarily through its interests in Charter Communications and GCI, Alaska's largest communications provider.

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Liberty Broadband reported Q3 2021 results highlighting a fair value of Charter investment at $40 billion. From August 1 to October 31, the company generated $1.2 billion from selling 1.5 million Charter shares while maintaining a 26% equity interest in Charter. Share repurchases totaled 5.3 million LBRDA/K shares at an average price of $177.50, costing $935 million. GCI's revenue grew 1% to $246 million, but adjusted OIBDA fell 3% to $89 million. The company amended a credit facility, extending maturity to October 2026.

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Liberty Broadband Corporation (NASDAQ: LBRDA, LBRDK, LBRDP) will host a conference call on November 4, 2021, at 11:15 a.m. (E.D.T.) to discuss its third-quarter results. The earnings report will be issued before market open that day. The conference will include a Q&A session following management's remarks. Participants can listen live via the Liberty Broadband website. Liberty Broadband holds significant interests in communications businesses, mainly in Charter Communications and its subsidiary GCI, Alaska's leading communications provider.

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Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) will host its annual Investor Meeting on November 18, 2021, in New York, NY. The event will feature presentations on Liberty's financial performance and outlook, along with those of affiliated companies like Charter Communications. Attendees must provide proof of vaccination against COVID-19. A livestream will be available for participants unable to attend in person. A Q&A session will follow the presentations, with stockholders encouraged to submit questions in advance.

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Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) has declared a quarterly cash dividend of $0.43750001 per share for its Series A Cumulative Redeemable Preferred Stock (Nasdaq: LBRDP). This dividend will be payable on October 15, 2021 to shareholders on record as of the close of business on September 30, 2021. Liberty Broadband operates in the communications sector, primarily through its interests in Charter Communications and its subsidiary GCI, which serves Alaskan consumers and businesses for nearly 40 years.

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Liberty Broadband reported a strong second quarter 2021, with revenues from GCI growing 7% to $238 million. The company maintained a 26% equity interest in Charter, with a fair value of $41 billion. Liberty Broadband repurchased 7.5 million shares of Series C stock, spending $1.3 billion, and increased share repurchase authorization to $2.5 billion. Operating income improved to $18 million, and adjusted OIBDA rose 14% to $89 million, driven by subscriber growth and demand for data.

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Yukon-Kuskokwim Health Corporation (YKHC) and GCI are applying for a $53 million federal grant to enhance internet connectivity in Bethel, Alaska. The project aims to provide high-speed, low-latency fiber internet, achieving urban-level speeds of 1 gigabit per second, impacting 30,000 residents and local businesses. The application for funding will be submitted to the NTIA by September 1, 2021, with awards expected by the year's end. YKHC states that this will significantly improve accessibility and affordability of internet services in the remote region.

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Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) is set to host a conference call on August 6, 2021, at 11:15 a.m. (E.D.T.) to discuss its Q2 2021 results. A press release detailing these results will be issued prior to market open on the same day. The call will include a brief Q&A session, addressing financial performance and future outlook for Liberty Broadband and Liberty TripAdvisor Holdings. The conference will be available via live internet broadcast and can be accessed later as a replay on Liberty Broadband’s website.

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GCI has announced a transformative $150 million partnership with Intelsat to enhance its satellite capacity. This collaboration aims to increase GCI's geosynchronous satellite capacity, addressing the growing connectivity needs in rural Alaska. The partnership will provide access to expanded C-band, Ku-band, and new Ka-band services, nearly quadrupling GCI's satellite capacity. GCI emphasizes its commitment to rural communities and will integrate future technologies, including low earth orbit satellites, ensuring a robust network for their customers.

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FAQ

What is the current stock price of Liberty Broadband Corporation (LBRDA)?

The current stock price of Liberty Broadband Corporation (LBRDA) is $76.22 as of December 24, 2024.

What is the market cap of Liberty Broadband Corporation (LBRDA)?

The market cap of Liberty Broadband Corporation (LBRDA) is approximately 10.9B.

What services does Liberty Broadband Corporation provide?

Liberty Broadband Corporation provides video, internet, and voice services to residential, and small and medium business customers in the United States.

What are the segments through which the company operates?

The company operates through Skyhook and Charter segments.

What is the offering of Skyhook segment?

The Skyhook segment offers precision location solution for mobile device makers, wireless carriers, and asset tracking platforms.

What is geospatial insights by Skyhook?

Geospatial insights by Skyhook is a location intelligence and data insights service for enterprises, research firms, financial institutions, and advertisers.

How does Liberty Broadband Corporation enhance customer experience?

The company enhances customer experience by benchmarking performance, targeting customers, and measuring the efficacy of advertising campaigns.

What are the revenue sources of Liberty Broadband Corporation?

The company derives the majority of its revenue from GCI Holdings.

Where does Liberty Broadband Corporation operate?

Liberty Broadband Corporation serves in the telecommunications industry in the United States.

What are the key services provided by Liberty Broadband Corporation?

The key services provided by the company include video services, internet services, voice services, and mobile services.

What are the reportable segments of Liberty Broadband Corporation?

The reportable segments of the company are GCI Holdings and Charter.

How does Liberty Broadband Corporation contribute to location determination?

The company contributes to location determination by providing precise location solutions for mobile devices and asset tracking platforms.

Liberty Broadband Corporation

Nasdaq:LBRDA

LBRDA Rankings

LBRDA Stock Data

10.89B
129.60M
9.63%
87.43%
0.13%
Telecom Services
Cable & Other Pay Television Services
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United States of America
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