Liberty Broadband Corp ( (LBRDA) ) has released its Q2 earnings. Here is a breakdown of the information Liberty Broadband Corp presented to its investors.
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Liberty Broadband Corp, a prominent player in the telecommunications sector, recently completed the spin-off of GCI Liberty, which focuses on providing data, mobile, voice, and managed services across Alaska.
In its latest earnings report, GCI Liberty announced a 6% increase in revenue for the second quarter of 2025, reaching $261 million. The company also reported a significant 26% rise in Adjusted OIBDA, amounting to $108 million, reflecting strong operational performance and cost management.
Key financial highlights include a 14% increase in business revenue, driven by upgrades in schools and healthcare sectors, and a 2% decline in consumer revenue due to subscriber losses. Operating income surged by 70% to $51 million, while operating expenses decreased by 4%, contributing to improved margins.
Looking ahead, GCI Liberty remains focused on expanding its network infrastructure in rural Alaska, with planned capital expenditures of approximately $250 million for 2025. The company aims to enhance connectivity and meet federal requirements, positioning itself for sustained growth in the region.