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Comcast tops earnings estimates as Olympics propel the company - TL;DR CNBC

Comcast tops earnings estimates as Olympics propel the company

Publishing timestamp: 2024-10-31 10:30:02


Summary

Comcast beat third-quarter earnings expectations with help from the Summer Olympics in Paris, boosting revenue for NBCUniversal and Peacock. Despite slowing customer growth in the broadband segment, the company saw overall revenue increase. The success of the Olympics and growth in Peacock subscribers contributed to the positive results.


Sentiment: POSITIVE

Tickers: CMCSA

Keywords: comcast corpverizon communications incparisbreaking news: businessearningsmichael cavanaght-mobile us incbusinessbusiness newsmediaentertainmentinternet

Source: https://www.cnbc.com/2024/10/31/comcast-cmcsa-earnings-q3-2024.html


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