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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 billion share buyback program.
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 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 Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.
Comcast stock falls 12% after company underwhelms in broadband, Peacock subscribers
Peacock had 36 million subscribers during the most recent quarter, up year over year but flat from the prior period.
3h
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.
13h
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 ...
10h
on MSN
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 ...
7d
NBCUniversal Unscripted Boss Corie Henson to Exit in Restructuring
Since 2022, the executive has overseen hits like "America’s Got Talent," "The Voice," "The Traitors" and "Love Island" ...
15h
on MSN
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 ...
16h
on MSN
Comcast reports earnings before the bell — here's what to expect
Wall Street will be paying attention to Comcast’s broadband, streaming and theme park businesses, as well as progress of the ...
7d
on MSN
Comcast Ups Steve Croney To Chief Operating Officer Of Connectivity & Platforms, Its Largest Division
NBCUniversal parent Comcast promoted Steve Croney to a newly created role as chief operating officer of its U.S. Connectivity ...
4h
Comcast: Buy Rating Maintained Despite Challenges Due to Undervaluation and Potential Strategic Moves
Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Comcast (CMCSA – Research Report) yesterday and set a price target of ...
11h
on MSN
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 ...
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