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.
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’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.
Comcast slides as broadband, video sub losses steal spotlight from results beat, Studio strength
Comcast reports strong Q4 earnings with a top- and bottom-line beat, raising dividend by 6.5% and announcing a new $15B stock buyback program.
Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.
'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. The media and telecom giant also unveiled a $15 billion share buyback program.
Comcast Posts Growth, Powered By ‘Wicked,’ Despite Losing Broadband Customers
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” despite falling broadband customer numbers. Comcast lost 139,000 broadband customers in the quarter,
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 ...
Why Comcast (CMCSA) Stock Is Tumbling Today
Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...
Comcast Teams With NVIDIA, Meta, And Valve On Game-Changing Low Lag Internet
The implementation of a new IETF standard could mean a huge reduction in network latency and packet loss for Xfinity ...
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 Just Gave Six Cities an Early Look at Lag-Free Internet
Comcast's L4S testing is bringing low lag internet to six American cities, with the goal to make it free for all of the ISP's customers.
Sportico on MSN3h
Cable Losses, Peacock Headwinds Ruffle Comcast’s Feathers
Olympics bump looks to have been short-lived as NBCUniversal’s streaming platform closed out the year without having added to its Paris haul. Per Comcast’s fourth-quarter and full-year earnings ...
Comcast Raises Dividend by 6.5%, Sets New $15 Billion Buyback
Comcast's board has raised the cable giant's quarterly dividend by 6.5%, to 33 cents from 31 cents, and approved a new $15 billion share-repurchase program. The new payout, equal to $1.32 a year, ...
Comcast introduces astoundingly good low-lag internet for gamers and video callers
Comcast is unveiling ultra-low lag connectivity when it comes to highly interactive applications like gaming, video conferencing and virtual reality.
These Stocks Moved the Most Today: Tesla, Microsoft, Meta, UPS, IBM, Nvidia, Comcast, Las Vegas Sands, American, Juniper, and More
Tesla stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates ...