Comcast beats earnings estimates even as it sheds more broadband subscribers
Publishing timestamp: 2024-04-25 11:24:55
Summary
Comcast beat earnings expectations driven by broadband revenue despite losing subscribers. Peacock losses weighed on segment. Company faces competition in broadband market and struggles with theme parks and media business. Peacock saw growth in subscribers and revenue, with losses expected to narrow in future quarters.
Sentiment: MIXED
Keywords: earnings, comcast corp, entertainment, breaking news: business, business news, internet, verizon communications inc, media, t-mobile us inc,
Source: https://www.cnbc.com/2024/04/25/comcast-cmcsa-earnings-1q24.html