Liberty Broadband Reports 9% Increase in Q1 2025 Revenue, with GCI Holdings Driving Growth

Reuters
2025.05.07 12:15
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Liberty Broadband Corporation reported a 9% revenue increase in Q1 2025, rising to $266 million, driven by a 13% boost in business revenue from upgrades in schools and healthcare in remote Alaska. Operating income rose to $56 million, and Adjusted OIBDA reached $111 million. The company received $300 million from selling Charter shares and plans to redeem $860 million in senior debentures by May 2025. A spin-off of its GCI business is expected in summer 2025.