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Comcast, Peacock
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
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'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 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.
21h
on MSN
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. Revenue of $31.9 billion topped the ...
23h
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
The media conglomerate beat Wall Street expectations, despite shedding 139,000 domestic broadband customers The post Peacock ...
53m
BofA downgrades Comcast to Neutral at start of ‘reset year’
As previously reported, BofA analyst Jessica Reif Ehrlich downgraded Comcast (CMCSA) to Neutral from Buy with a price target of $38, down from ...
11h
on 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.
21h
on MSN
Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’
Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on ...
Advanced Television
20h
Comcast cord cuts take shine off studios
Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 ...
21h
Peacock Lost $372 Million in the Final Quarter of 2024
Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t ...
15h
on MSN
‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M
Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.
19h
on MSN
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 ...
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