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Hosted on MSN · 21h

Comcast stock falls 11% after company 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 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.

New York Post on MSN · 17h

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 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.

Investopedia on MSN · 17h

Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles

Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.

8hon 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.

21hon 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 ...

Advanced Television18h

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 ...

18h

Peacock Lost $372 Million in the Final Quarter of 2024

Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t ...

19hon MSN

Comcast Handily Beats Wall Street's Q4 Forecasts; ‘Wicked' Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update

Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates. Revenue of $31.9 billion topped the ...

2h

Comcast Corp (CMCSA) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Shifts ...

Comcast Corp (CMCSA) reports record revenue and EBITDA for 2024, while navigating broadband competition and expanding ...

19hon MSN

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 ...

13hon MSN

‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M

Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.

21hon MSN

Comcast Sales, Profit Beat as ‘Wicked’ Lifts Film Studio

Comcast Corp. reported fourth-quarter revenue and profit that beat Wall Street’s expectations thanks to big gains for its ...

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