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Comcast Loses More Broadband Subscribers Than Expected

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.

International Business Times · 1h

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.

Investopedia on MSN · 2h

Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles

The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month. Shares of Comcast ( CMCSA) fell to their lowest level in more than two years Thursday when the cable and media giant's subscriber base dropped more than expected.

Comcast beats earnings estimates

Hosted on MSN · 5h

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.

MarketWatch on MSN · 58m

Comcast’s earnings beat offset by continued subscriber losses

Comcast Corp.’s stock fell 4% early Thursday, after the cable company’s fourth-quarter earnings topped estimates. But it continued to shed subscribers in its domestic broadband business.

Business Insider · 5h

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

1hon MSN

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 ...

5hon MSN

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 ...

1hon 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.

'Wicked' fuels strong Comcast revenue, cushions broadband subscriber losses

Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than ...

1hon 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, ...

22hon 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 ...

6hon MSN

Comcast reports earnings before the bell — here's what to expect

Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the ...

Comcast announces new $15B share repurchase authorization, increases dividend

Comcast (CMCSK) (CMCSA) announced that it increased its dividend by 8c, or 6.5% year-over-year, to $1.32 per share on an annualized basis for ...

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Comcast Loses More Broadband Subscribers Than Expected

Comcast beats earnings estimates

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