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Comcast Loses Broadband Customers
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 broadband customers. Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.
Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'
Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband customers in the fourth quarter and a stagnating subscriber base for its Peacock streaming service.
Comcast Loses Broadband Customers, but ‘Wicked’ Movie Helps Power Growth
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” but broadband customer numbers fell. Comcast lost 139,000 broadband customers in the quarter,
Comcast beats earnings estimates
Comcast beats earnings estimates as broadband revenue rises despite customer losses
Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
Comcast Corp. Q4 Profit Increases, Beats Estimates
Comcast Corp. (CMCSK) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates. The
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
12h
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 ...
2h
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.
10h
on MSN
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 ...
Variety on MSN
12h
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 ...
13h
Comcast slides as broadband, video sub losses steal spotlight from results beat, Studio strength
Comcast reports strong Q4 earnings with a top- and bottom-line beat, raising dividend by 6.5% and announcing a new $15B stock ...
14h
on MSN
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” ...
5h
Comcast Unveils Ultra-Low Latency Internet for Faster Connectivity
Comcast has announced the launch of an ultra-low latency Internet service for its Xfinity customers, bringing a reduction in ...
8h
Why Comcast (CMCSA) Stock Is Nosediving
Shares of telecommunications and media company Comcast (NASDAQ:CMCSA) fell 12.5% in the morning session after the company ...
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