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, overshadowing upbeat results fueled by blockbuster holiday releases such as "Wicked" and sending its shares 4% lower in premarket trading.
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
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’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.
'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 made up for a larger-than-expected decline in broadband customers.
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.
Comcast Stock Is Plunging. Here’s What’s Overshadowing the Earnings Beat.
The cable and entertainment company reported a strong fourth quarter, but investors seemed focused on a drop in broadband customers.
Comcast targets multi-gig broadband expansion and wireless growth in 2025
He emphasized the company’s resilience despite intense competition in broadband and challenges from the end of the ACP program. Michael Cavanagh announced a new strategy to accelerate wireless growth ...
CNET1y
Comcast's New Router Stays Connected During Power Outages
Comcast has a new router designed to stay connected to the internet during storms and power outages. Comcast's Storm-Ready Wi-Fi device, announced Tuesday, costs $7 a month for 36 months ...
Xfinity Mobile’s PowerBoost delivers 150% faster speeds, according to new study
Ookla, a company that specializes in internet speed testing and analysis recently released their latest speed test ...
MyNorthwest.com9d
Comcast, Xfinity service disrupted in several WA areas after vandals destroy equipment
Vandalism that led to a Comcast cable line being significantly damaged has caused several outages for Xfinity and Comcast Business customers in south King County. The outages impacted customers ...
Forbes2mon
As Cable Networks Lose Their Value, Comcast Launches A Separate Unit
Brad Adgate is a high-profile media and advertising consultant As expected, Comcast announced today they were spinning off a number of cable networks. At their most recent earnings report last ...