Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.
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 sheds broadband, cable TV subscribers in Q4
Comcast continued to experience subscriber declines in its land-based broadband Internet and cable TV services during the fourth quarter. This article, Comcast sheds broadband, cable TV subscribers in Q4,
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.
Comcast Handily Beats Wall Street's Q4 Forecasts; ‘Wicked' Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update
D with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares slumped due to declines in its broadband business. Revenue of $31.9 billion topped the Street’s expectations for $31.
Comcast beats earnings estimates but underwhelms in broadband, Peacock subscribers
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.
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.
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 to $569 million.
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Peacock had 36 million subscribers during the most recent quarter, up year over year but flat from the prior period.
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...
Advanced Television1d
Comcast cord cuts take shine off studios
Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 ...
Golf Channel preparing for its future ahead of pending spinoff from NBCUniversal
Comcast's spinoff plans for its NBCUniversal cable TV networks include another channel that occasionally carries golf broadcasts, USA. Others to be separated are MSNBC, CNBC, Oxygen, E! and Syfy.
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 ...
Comcast’s Growth Prospects Hampered by Broadband Challenges and Rising Competition, Says Analyst with Neutral Rating
J.P. Morgan analyst Sebastiano Petti has maintained their neutral stance on CMCSA stock, giving a Hold rating today.Invest with Confidence: ...
Metuchen residents will soon be able to choose new cable, internet provider
The mayor said he had many conversations with frustrated residents during the pandemic about only having one choice for ...
Comcast slides as broadband, video sub losses steal spotlight from results beat, Studio strength
Comcast reports strong Q4 earnings with a top- and bottom-line beat, raising dividend by 6.5% and announcing a new $15B stock ...
Comcast’s Strategic Shift Amid Broadband Challenges: Hold Rating Justified by Market Uncertainties
Comcast (CMCSA – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Benjamin ...
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Comcast and Apple Unveil New Integrated Viewing Experience for MLS Season Pass
To celebrate the start of the 2025 season and the launch of the new viewing experience, Xfinity will offer all customers a ...