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Comcast Stock Plunges

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of broadband customers. Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.

International Business Times · 2h

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 · 3h

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, Peacock

TheWrap on MSN · 6h

Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%

Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” helped the studios business defy gravity with an 85% increase in profit.

Hosted on MSN · 6h

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 its Peacock streaming hub. Meanwhile, the Philadelphia cable-and-entertainment giant said it would recognize a $1.

Business Insider · 6h

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

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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 ...

'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 ...

2hon MSN

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 ...

23hon 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 ...

2hon 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.

51mon MSN

Comcast targets multi-gig broadband expansion and wireless growth in 2025

Brian Roberts highlighted Comcast’s record revenue of $124 billion and adjusted EBITDA of $38 billion for 2024, with adjusted EPS growing by 9% and free cash flow reaching $12.5 billion. He emphasized ...

Comcast's new low-latency internet is literally game-changing, and these cities will get it first

Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...

Comcast (CMCSA) Q4 2024 Earnings Call Transcript

Comcast (NASDAQ: CMCSA) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Big Tech earnings, a key Fed meeting, and Trump's first full week in office: What to know this week ...

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Comcast Stock Plunges

Comcast, Peacock

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