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Comcast beats earnings estimates as broadband revenue rises despite customer losses
Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
Wicked fuels strong Comcast quarterly revenue, cushions broadband subscriber losses
Comcast CCZ-N -1.59% surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including Wicked, more than made up for a larger-than-expected decline in broadband customers. The media and telecom giant also unveiled a $15-billion share buyback program.
Comcast Posts Growth, Powered By ‘Wicked,’ Despite Losing Broadband Customers
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” despite falling broadband customer numbers. Comcast lost 139,000 broadband customers in the quarter,
Comcast’s earnings beat offset by continued subscriber losses
Comcast Corp.’s stock fell 1.9% early Thursday, after the cable company’s fourth-quarter earnings topped estimates but it continued to shed subscribers at its domestic broadband business. The company had per-share earnings of $1.
39m
on MSN
Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Boosts Studio Results, Peacock Trims Losses
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, as 'Wicked' boosted NBCUniversal studio ...
1h
Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus- Streaming Strategy’
Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on Thursday's Q4 earnings call.
6d
on MSN
Comcast launches $70 a month Sports & News TV package in bid to attract cord-cutters
The Sports & News TV package will include major news channels like CNBC, CNN, FOX News, and MSNBC give subscribers access to live sports events.
7d
on MSN
Comcast Ups Steve Croney To Chief Operating Officer Of Connectivity & Platforms, Its Largest Division
NBCUniversal parent Comcast promoted Steve Croney to a newly created role as chief operating officer of its U.S. Connectivity ...
2h
on MSN
Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock
Comcast said fourth quarter profit surged as the company saw good results at its mobile business, at the box office and at ...
6d
on MSN
In Sports Streaming Land Grab, Comcast Jumps Into Fray With $70 Skinny Bundle
Xfinity joins DirecTV in offering a slimmed-down bundle with most — but not all — sports channels in a bid to lure wary consumers.
3h
on MSN
Comcast reports earnings before the bell — here's what to expect
Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the ...
6d
on MSN
NBCUniversal Unveils Leadership Restructuring Ahead of Cable Spinoff, Launches Universal Television Entertainment Group
The newly formed Universal Television Entertainment Group will be led by Frances Berwick, Pearlena Igbokwe, Liz Jenkins and ...
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