Liberty Broadband Corporation engages in the communications businesses. It operates through GCI Holdings and Charter segments. The GCI Holdings segment provides a range of wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. The Charter segment offers subscription-based video services comprising video on demand, high-definition television, and digital video recorder service; local and long-distance calling, voicemail, call waiting, caller ID, call forwarding, and other voice services, as well as international calling services; and Spectrum TV. It also provides internet services, including an in-home Wi-Fi product that provides customers with high-performance wireless routers and managed Wi-Fi services; advanced community Wi-Fi; mobile internet; and a security suite that offers protection against computer viruses and spyware. In addition, this segment offers internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks and digital outlets; and operates regional sports and news networks. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.
Company profile
Ticker
LBRDK, LBRDA, LBRDP, LBRDB
Exchange
Website
CEO
Mr. Gregory B. Maffei
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
General Motors • Vale • McKesson • New York Community Bancorp • Cit • Consolidated Edison • NOV • Formula One • MUFG Americas • Prologis ...
Former names
iBioPharma, Inc., InB:Biotechnologies, Inc.
SEC CIK
Corporate docs
Subsidiaries
Alaska United Fiber System Partnership • BBN, Inc. • Bortek, LLC • Broadband Holdco, LLC • Celebrate Interactive LLC • Communication Capital, LLC • Cycle30, Inc. • Denali Media • Denali Media Holdings, Corp. • GCI Cable, Inc. ...
LBRDK stock data
Latest filings (excl ownership)
8-K
Liberty Broadband Corporation Announces Annual Investor Meeting
22 Oct 24
8-K
Liberty Broadband Corporation Announces Third Quarter Earnings Release and Conference Call
10 Oct 24
425
Business combination disclosure
23 Sep 24
425
Business combination disclosure
23 Sep 24
8-K
Liberty Broadband Submits Counterproposal to Charter for Proposed Business Combination
23 Sep 24
8-K
Liberty Broadband Corporation to Present at Goldman Sachs Communacopia & Technology Conference
6 Sep 24
8-K
Liberty Broadband Corporation Declares Quarterly Cash Dividend on Series A Cumulative Redeemable Preferred Stock
16 Aug 24
8-K
Amendments to Articles of Incorporation or Bylaws
15 Aug 24
8-K
Liberty Broadband Reports Second Quarter 2024 Financial Results
8 Aug 24
10-Q
2024 Q2
Quarterly report
8 Aug 24
Transcripts
LBRDK
Earnings call transcript
2024 Q2
8 Aug 24
LBRDK
Earnings call transcript
2024 Q1
8 May 24
LBRDK
Earnings call transcript
2023 Q4
16 Feb 24
LBRDK
Earnings call transcript
2023 Q3
3 Nov 23
LBRDK
Earnings call transcript
2023 Q2
4 Aug 23
LBRDK
Earnings call transcript
2023 Q2
4 Aug 23
LBRDK
Earnings call transcript
2023 Q1
2 May 23
LBRDK
Earnings call transcript
2022 Q4
17 Feb 23
LBRDK
Earnings call transcript
2022 Q3
4 Nov 22
LBRDK
Earnings call transcript
2022 Q2
5 Aug 22
Latest ownership filings
4
CHARTER COMMUNICATIONS, INC. /MO/
15 Oct 24
4
Brian J Wendling
27 Sep 24
4
Renee L Wilm
26 Sep 24
SC 13D/A
MALONE JOHN C
23 Sep 24
SC 13D/A
CHARTER COMMUNICATIONS, INC. /MO/
23 Sep 24
4
CHARTER COMMUNICATIONS, INC. /MO/
17 Sep 24
4
CHARTER COMMUNICATIONS, INC. /MO/
15 Aug 24
4
COMSCORE, INC.
26 Jul 24
SC 13D/A
COMSCORE, INC.
26 Jul 24
4
CHARTER COMMUNICATIONS, INC. /MO/
16 Jul 24
Financial summary
| Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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| Diluted EPS |
| Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 79.00 mm | 79.00 mm | 79.00 mm | 79.00 mm | 79.00 mm | 79.00 mm |
| Cash burn (monthly) | 11.67 mm | 2.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 48.04 mm | 8.23 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 30.96 mm | 70.77 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.7 | 35.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
92.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 411 |
| Opened positions | 64 |
| Closed positions | 111 |
| Increased positions | 129 |
| Reduced positions | 141 |
| 13F shares | Current |
|---|---|
| Total value | 6.51 tn |
| Total shares | 133.15 mm |
| Total puts | 78.22 k |
| Total calls | 8.80 k |
| Total put/call ratio | 8.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 12.61 mm | $690.85 bn |
| UBS UBS | 8.32 mm | $455.87 bn |
| Aristeia Capital | 7.74 mm | $423.92 bn |
| Harris Associates L P | 6.72 mm | $368.57 bn |
| BCS Barclays | 6.49 mm | $355.52 mm |
| Eagle Capital Management | 6.25 mm | $342.79 bn |
| BLK BlackRock | 5.95 mm | $325.91 bn |
| Stockbridge Partners | 3.79 mm | $207.65 bn |
| Ruane, Cunniff & Goldfarb | 3.29 mm | $180.17 bn |
| Whitebox Advisors | 3.10 mm | $169.71 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Oct 24 | Liberty Broadband | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 331.55 | 10,400 | 3.45 mm | 45,560,806 |
| 26 Sep 24 | Wendling Brian J | Series C Common Stock | Sell | Dispose S | No | No | 75.8362 | 2,208 | 167.45 k | 11,054 |
| 25 Sep 24 | Wilm Renee L | Series C Common Stock | Sell | Dispose S | No | No | 76.56 | 4,423 | 338.62 k | 3,670 |
| 17 Sep 24 | Liberty Broadband | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 356.64 | 40,027 | 14.28 mm | 45,571,206 |
| 15 Aug 24 | Liberty Broadband | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 318.58 | 174,930 | 55.73 mm | 45,611,233 |
News
What Happened With Liberty Broadband Stock Today?
24 Sep 24
Liberty Broadband Corporation Has Issued A Counterproposal To Charter Communications For An All-Stock, Tax-Free Merger, Suggesting Its Shareholders Receive 0.2900 Of A Charter Class A Common Stock Share For Each Liberty Broadband Share, With A Proposed Closing Date Of June 30, 2027
23 Sep 24
Should Invesco Russell 1000 Equal Weight ETF Be on Your Investing Radar?
17 Sep 24
Deutsche Bank Maintains Buy on Liberty Broadband, Lowers Price Target to $90
16 Aug 24
Press releases
Liberty Broadband Corporation Announces Annual Investor Meeting
21 Oct 24
Liberty Broadband Corporation Announces Third Quarter Earnings Release and Conference Call
10 Oct 24
Liberty Broadband Submits Counterproposal to Charter for Proposed Business Combination
23 Sep 24
Liberty Broadband Corporation to Present at Goldman Sachs Communacopia & Technology Conference
6 Sep 24
Liberty Broadband Corporation Declares Quarterly Cash Dividend on Series A Cumulative Redeemable Preferred Stock
15 Aug 24