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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.

Bloomberg on MSN · 2h

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.

Wall Street Journal · 16h

Comcast Posts Growth, Powered By ‘Wicked,’ Despite Losing Broadband Customers

Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” despite falling broadband customer numbers. Comcast lost 139,000 broadband customers in the quarter,

Comcast, Peacock

Hosted on MSN · 11h

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.

Business Insider · 12h

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

Deadline on MSN · 10h

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

D with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares slumped due to declines in its broadband business. Revenue of $31.9 billion topped the Street’s expectations for $31.

21m

Comcast: Buy Rating Maintained Despite Challenges Due to Undervaluation and Potential Strategic Moves

Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Comcast (CMCSA – Research Report) yesterday and set a price target of ...

18d

Philadelphia 76ers strike deal with Comcast, will remain in South Philadelphia: reports

After all the controversy regarding a new arena in Center City, the Philadelphia 76ers are reportedly staying in South Philadelphia. The Sixers have reportedly agreed to a deal with Comcast Spectacor ...

The Business Journals17d

Comcast to acquire minority ownership stake in 76ers, will hold naming rights for new arena

Comcast (NASDAQ: CMCSA) will have naming rights for the new South Philadelphia arena, which is slated to open in 2031 with the potential to accelerate to an earlier date. The two companies said ...

13h

Comcast: Q4 Earnings Snapshot

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported fourth-quarter profit of $4.78 billion. On a per-share basis, the Philadelphia-based company said it had profit of $1 ...

12h

Comcast Raises Dividend by 6.5%, Sets New $15 Billion Buyback

Comcast's board has raised the cable giant's quarterly dividend by 6.5%, to 33 cents from 31 cents, and approved a new $15 billion share-repurchase program. The new payout, equal to $1.32 a year, ...

1don 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 ...

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 ...

Business Wire1d

Comcast and Apple Unveil New Integrated Viewing Experience for MLS Season Pass

To celebrate the start of the 2025 season and the launch of the new viewing experience, Xfinity will offer all customers a ...

Comcast Teams With NVIDIA, Meta, And Valve On Game-Changing Low Lag Internet

The implementation of a new IETF standard could mean a huge reduction in network latency and packet loss for Xfinity ...

12h

Comcast Increases Dividend and Share Repurchase Authorization

Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08, or 6.5% year-over-year, to $1.32 ...

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