Liberty Broadband (LBRDA) Q4 Revenue Misses Consensus
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Liberty Broadband Reports Fourth Quarter and Year End 2021 Financial Results
February 25, 2022 8:15 AM ESTENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Broadband Corporation (Liberty Broadband) (Nasdaq: LBRDA, LBRDK, LBRDP) today reported fourth quarter and year end 2021 results.
Highlights include (1):
Fair value of Charter investment was $35 billion as of December 31st From November 1st through January 31st, Liberty Broadband received $1.3 billion of proceeds from sale of 1.9 million Charter shares to Charter Maintained fully diluted equity interest in Charter of 26%(2) From November 1st through January 31st, Liberty Broadband repurchased 8.8 million LBRDA/K shares at an average price per share of $157.95 and total cash consideration of $1.4... More