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Comcast Loses More Broadband Subscribers Than Expected

Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers

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.

Bloomberg on MSN · 23h

Comcast Shares Tumble as Broadband-Subscriber Losses Widen

Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.

Investopedia on MSN · 22h

Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles

Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.

Peacock, Comcast

YAHOO!Finance · 1d

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

The media conglomerate beat Wall Street expectations, despite shedding 139,000 domestic broadband customers The post Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85% appeared first on TheWrap.

Hosted on MSN · 1d

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

Comcast said fourth quarter profit surged as the company saw good results at its mobile business, at the box office and at its Peacock streaming hub. Meanwhile, the Philadelphia cable-and-entertainment giant said it would recognize a $1.

The Hollywood Reporter · 15h

‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M

Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.

22hon MSN

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 ...

13hon 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.

Advanced Television23h

Comcast cord cuts take shine off studios

Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 ...

23h

Peacock Lost $372 Million in the Final Quarter of 2024

Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t ...

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 ...

20h

Peacock subs haven’t budged.

The streaming service’s subscriber count stayed at 36 million — the same as last quarter, according to Comcast’s earnings report released today. Peacock has only added around 5 million subscribers ...

Comcast Q4 Earnings Beat Estimates: Peacock Subscribers Surge 29%, Dividend Raised, $15 Billion Buyback Approved

Comcast reported 4Q revenue of $31.92B, beating estimates of $31.64B. Adjusted EPS of $0.96 also beat estimates of $0.86.

Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update

Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, as 'Wicked' boosted NBCUniversal studio ...

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