Liberty Broadband Corporation (NASDAQ:LBRDK) Q3 2024 Results Conference Call November 7, 2024 11:15 AM ET

Company Participants

Shane Kleinstein - SVP, IR
Greg Maffei - Chairman, President & CEO
Brian Wendling - SVP & CFO
Ron Duncan - Co-Founder, CEO & Director
Pete Pounds - CFO of GCI

Conference Call Participants

Ben Swinburne - Morgan Stanley
Kutgun Maral - Evercore ISI
Barton Crockett - Rosenblatt Securities

Operator

Welcome to the Liberty Broadband 2024 Q3 Earnings Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference will be recorded today, November 7, 2024.

I would now like to turn the call over to Shane Kleinstein, SVP, Investor Relations. Please go ahead.

Shane Kleinstein

Thank you, and good morning. Before we begin, we'd like to remind everyone that this call includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in the most recent Forms 10-K and 10-Q filed by Liberty Broadband and Liberty TripAdvisor with the SEC.

These forward-looking statements speak only as of the date of this call, and Liberty Broadband and Liberty TripAdvisor expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Broadband or Liberty TripAdvisor's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

On today's call, we will discuss certain non-GAAP financial measures for Liberty Broadband, including adjusted OIBDA. Information regarding the comparable GAAP metrics, along with required definitions and reconciliations, including preliminary notes in Schedules 1 and 2, can be found in the earnings press release issued today as well as earnings releases for prior periods, which are available on Liberty's website.

Now I'd like to turn the call over to Greg Maffei, Liberty's President and CEO.

Greg Maffei

Good morning, and thank you, Shane. Today speaking on the call, we will have Liberty Broadband's Chief Accounting and Principal Financial Officer, Brian Wendling; Ron Duncan, CEO of GCI; and Pete Pounds, CFO of GCI, will also be available to answer questions. Also, during Q&A, we will be available to answer questions related to Liberty TripAdvisor.

So beginning with Liberty Broadband, you may recall, we filed a 13D on the SEC -- with the SEC on the 23rd of September. It noted that Liberty Broadband and Charter were discussing a proposed all-stock transaction. The combination would rationalize the dual corporate structure, provide enhanced trading liquidity, provide clarity to both sets of shareholders with regard to the certainty of a future transaction and continue our strong partnership with Charter in the interim.