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Comcast beats earnings estimates even as it sheds more broadband subscribers - TL;DR CNBC

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

Tickers: CMCSATMUSVZ

Keywords: earningscomcast corpentertainmentbreaking news: businessbusiness newsinternetverizon communications incmediat-mobile us inc

Source: https://www.cnbc.com/2024/04/25/comcast-cmcsa-earnings-1q24.html


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