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Comcast Loses More Broadband Subscribers Than Expected
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month. Shares of Comcast ( CMCSA) fell to their lowest level in more than two years Thursday when the cable and media giant's subscriber base dropped more than expected.
Comcast, Peacock
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 its Peacock streaming hub. Meanwhile, the Philadelphia cable-and-entertainment giant said it would recognize a $1.
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” helped the studios business defy gravity with an 85% increase in profit.
Comcast Corp. Q4 Profit Increases, Beats Estimates
Comcast Corp. (CMCSK) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates. The
CNET on MSN
22m
Comcast Rolls Out New Ultra-Low Lag Technology to Support Apple, Meta and Gaming Applications
From Meta's mixed reality headsets to Valve's Steam games, Xfinity's new software will be an upgrade for home internet users.
1h
Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'
Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband ...
1h
on MSN
Comcast’s earnings beat offset by continued subscriber losses
Comcast Corp.’s stock fell 4% early Thursday, after the cable company’s fourth-quarter earnings topped estimates. But it ...
1h
on MSN
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
23h
on MSN
Comcast is rolling out ‘ultra-low lag’ tech that could fix the internet
L4S pulls this off by giving internet packets an indicator that lets them know if they’ve run into congestion or queueing ...
2h
on MSN
Report: Universal parks attendance flat, but Comcast has record revenue
Attendance was flat for Universal’s theme parks in the fourth quarter of last year, and core earnings fell 3.9% because of spending on Epic Universe, set to debut in Orlando in May, ...
6h
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 ...
5h
Comcast announces new $15B share repurchase authorization, increases dividend
Comcast (CMCSK) (CMCSA) announced that it increased its dividend by 8c, or 6.5% year-over-year, to $1.32 per share on an annualized basis for ...
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