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Comcast Shares Tumble

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 · 1d

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.

Bloomberg on MSN · 1d

Comcast Shares Tumble as Broadband-Subscriber Losses Widen

Comcast Corp. shares fell 11% to their lowest level in more than two years after the company reported broadband subscriber losses that exceeded expectations and said “intense” competition in that business would continue.

Comcast Sales, Profit Beat

TheWrap on MSN · 1d

Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%

Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” helped the studios business defy gravity with an 85% increase in profit.

Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock

Revenue rose 2% to $31.92 billion, generated by increases in its U.S. wireless operations, the success of “Wicked” and “The Wild Robot” at the box office and subscriptions at Peacock. Revenue from the company’s cable and connectivity business was basically flat.

Hosted on MSN · 1d

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 movie studio and better-than-expected results at its theme parks.

6hon MSN

Comcast flags an alarming shift in consumer behavior

Comcast is currently struggling with a sharp change in consumer behavior that is hurting a vital part of its business, and it ...

PCMag on MSN5h

Comcast Upgrade Promises Ultra-Low Lag Xfinity Internet for Video Calls, VR, Games

If you’re obsessed with your video-gaming prowess, a new, free upgrade from Comcast should make you want to verify that you ...

21hon 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.

1don 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 ...

2don MSN

Comcast is rolling out ‘ultra-low lag’ tech that could fix the internet

L4S pulls this off by giving internet packets an indicator that lets them know if they’ve run into congestion or queueing ...

2d

Comcast's new low-latency internet is literally game-changing, and these cities will get it first

Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...

9h

Comcast price target lowered to $55 from $57 at Benchmark

Benchmark lowered the firm’s price target on Comcast (CMCSA) to $55 from $57 and keeps a Buy rating on the shares. The stock fell 11% ...

1don MSN

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...

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