Liberty Broadband (LBRDA) Tops Q3 EPS by 21c

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Liberty Broadband Reports Third Quarter 2021 Financial Results

November 4, 2021 8:15 AM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Broadband Corporation (Liberty Broadband) (Nasdaq: LBRDA, LBRDK, LBRDP) today reported third quarter 2021 results. Headlines include(1):

Fair value of Charter investment was $40 billion as of September 30th From August 1st through October 31st, Liberty Broadband received $1.2 billion of proceeds from sale of 1.5 million Charter shares to Charter Maintained fully diluted equity interest in Charter of 26%(2) From August 1st through October 31st, Liberty Broadband repurchased 5.3 million LBRDA/K shares at an average price per share of $177.50 and total cash consideration of $935... More