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FX.co ★ Liberty Broadband Reports Flat Q4 Revenues

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typeContent_19130:::2024-02-16T13:58:00

Liberty Broadband Reports Flat Q4 Revenues

Liberty Broadband Corporation (with symbols LBRDA, LBRDK, LBRDP on the stock market), announced on Friday that their revenues for the fourth quarter were stable with no significant changes.

The total revenue for this period summed up to $250 million, which was completely identical to the revenue generated during the same period from the previous year.

However, there was a noticeable decline in the GC Consumer's revenue, falling by 3 percent to $123 million from the $119 million it stood at a year ago. Similarly, the GCI Business' revenues also saw a downturn for this quarter with revenues standing at $127 million, marking a drop from the $131 million reported in the fourth quarter of the previous year.

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