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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.

Reuters · 1d

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.

Hosted on MSN · 1d

Comcast’s earnings beat offset by continued subscriber losses

Comcast Corp.’s stock fell 1.9% early Thursday, after the cable company’s fourth-quarter earnings topped estimates but it continued to shed subscribers at its domestic broadband business. The company had per-share earnings of $1.

Wall Street Journal · 1d

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,

Golf Channel preparing for its future ahead of pending spinoff from NBCUniversal

Comcast's spinoff plans for its NBCUniversal cable TV networks include another channel that occasionally carries golf broadcasts, USA. Others to be separated are MSNBC, CNBC, Oxygen, E! and Syfy.

Affinius snags Comcast as biggest tenant in Schaumburg office after seizing keys

Media company will become the biggest tenant at a suburban Chicago office that was seized by a lender from previous owner ...

Crain's Chicago Business8d

Comcast shrinking, moving suburban office to Schaumburg

Comcast is moving its suburban Chicago office to Schaumburg and reducing the size of its workspace, joining the herd of ...

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 ...

1don MSN

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

Peacock had 36 million subscribers during the most recent quarter, up year over year but flat from the prior period.

1don MSN

Report: Universal parks attendance flat, but Comcast has record revenue

Attendance was flat for Universal’s theme parks in the fourth quarter of last year, and core earnings fell 3.9% because of spending on Epic Universe, set to debut in Orlando in May, ...

Comcast Reports 4th Quarter 2024 Results

Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended December 31, 2024. "We had the best financial per ...

Comcast reports Q4 adjusted EPS 96c, consensus 86c

Reports Q4 revenue $31.92B, consensus $31.62B. “We had the best financial performance in our company’s 60-year history with record revenue, ...

1don MSN

Comcast Just Gave Six Cities an Early Look at Lag-Free Internet

Comcast's L4S testing is bringing low lag internet to six American cities, with the goal to make it free for all of the ISP's ...

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