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 Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.
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’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.
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'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 ...
Comcast: Q4 Earnings Snapshot
PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported fourth-quarter profit of $4.78 billion. On a per-share basis, the Philadelphia-based company said it had profit of $1 ...
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 ...
Business Wire1d
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 ...
Comcast's new low-latency internet is literally game-changing, and these cities will get it first
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...
Comcast Increases Dividend and Share Repurchase Authorization
Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08, or 6.5% year-over-year, to $1.32 per share on an annualized basis for 2025. In accordance with the increase ...
Philadelphia 76ers strike deal with Comcast, will remain in South Philadelphia: reports
After all the controversy regarding a new arena in Center City, the Philadelphia 76ers are reportedly staying in South ...
The Business Journals17d
Comcast to acquire minority ownership stake in 76ers, will hold naming rights for new arena
Comcast (NASDAQ: CMCSA) will have naming rights for the new South Philadelphia arena, which is slated to open in 2031 with the potential to accelerate to an earlier date. The two companies said ...
6abc News11d
Sixers owners and Comcast Spectacor announce plan for new arena in South Philadelphia
PHILADELPHIA (WPVI) -- The ownership group of the Philadelphia 76ers and Comcast Spectacor have officially announced their plan for a new arena in South Philly, one day after news broke that the ...
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Is Wall Street Bullish or Bearish on Comcast Stock?
Valued at a market cap of almost $143 billion, Comcast Corporation (CMCSA) is a media and technology company that delivers ...