News

Comcast lost 139,000 broadband customers in the quarter, higher than FactSet estimates of a 91,000 loss, as it was also hurt by Hurricanes Milton and Helene that disrupted Florida businesses ...
Comcast lost 427,000 video customers in the first quarter, dropping the total to 12.1 million and continuing a long downward trend. While Comcast seems more focused on reversing the broadband ...
Comcast CMCSA0.31%increase; green up pointing triangle continues to lose broadband and cable-TV subscribers, but found bright spots in the first quarter with its mobile-phone plans and Peacock ...
Comcast said attributable net income rose roughly 47% to $4.78 billion, or $1.24 per share, compared with $3.26 billion, or 81 cents per share, in the year-earlier period.
Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in ...
Comcast says its cable spinoff sets up declining networks for a rebound — and potential acquisitions. But SpinCo could also be an M&A target.
Comcast’s media segment reported $650 million in adjusted EBITDA during the third quarter, down 10.1% year over year, and $8.23 billion in revenue, up 36.5%.
Comcast just jump-started a new season of major change across the television industry. And no one quite knows what will happen next.
Comcast’s EV/Ebitda ratio is 5.9 while Charter trades at 6.8 times. Walter Piecyk, an analyst with LightShed Partners, told Barron’s he doesn’t expect this gap to narrow anytime soon.
Comcast officially announced Wednesday it would create a spin-off of several NBC networks, including left-leaning cable affiliate MSNBC, through a new company called "SpinCo." "Comcast Corporation ...
Comcast‘s cable TV spinoff company now has a name: Versant.. The new venture, first unveiled last year, will include most of Comcast’s cable TV assets, including USA, Syfy, E!, CNBC, MSNBC ...