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Comcast beats expectations even as broadband growth slows, Peacock racks up losses - TL;DR CNBC

Comcast beats expectations even as broadband growth slows, Peacock racks up losses

Publishing timestamp: 2023-01-26 09:25:44


Summary

Comcast reported fourth-quarter earnings that beat analyst expectations, with higher revenue from its broadband and wireless businesses, as well as its theme parks segment. Peacock, the company's streaming service, had 20 million paying subscribers and its revenue nearly tripled to $2.1 billion. NBCUniversal's theme parks business had a 12% increase in revenue to $2.1 billion.


Sentiment: POSITIVE

Tickers: CHTRCMCSANFLX

Keywords: breaking news: businessmedianetflix inccharter communications incbusinessearningsbusiness newscomcast corp

Source: https://www.cnbc.com/2023/01/26/comcast-cmcsa-4q22-earnings.html


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