Comcast has Wicked quarter, but broadband losses spell trouble
Comcast has described the loss of 139,000 broadband subscribers in the fourth quarter as disappointing. The performance cast a shadow over the success of Wicked for the Sky owner. The movie, at over $700 million at the global box office, has become the highest grossing film based on a Broadway musical.
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.
Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...
Comcast Corp.’s stock fell 4% early Thursday, after the cable company’s fourth-quarter earnings topped estimates. But it ...
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Comcast (CMCSA – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Benjamin ...
Wall Street will be paying attention to Comcast’s broadband, streaming and theme park businesses, as well as progress of the ...
Comcast is currently struggling with a sharp change in consumer behavior that is hurting a vital part of its business, and it ...
J.P. Morgan analyst Sebastiano Petti has maintained their neutral stance on CMCSA stock, giving a Hold rating today.Invest with Confidence: ...
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 ...
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