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Comcast Loses More Broadband Subscribers Than Expected

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.

AOL · 1h

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.

Hosted on MSN · 2h

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, Peacock

TheWrap on MSN · 5h

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

Comcast, Dividend

MarketWatch · 6h

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, represents an annual yield of about 3.53% based on Wednesday's closing price of $37.36, up from 3.32%.

Hosted on MSN · 5h

Comcast hikes annual dividend, OKs new $15B buyback, posts Q4 results beat

Media and cable giant Comcast (NASDAQ:CMCSA) reported a top- and bottom-line beat in its fourth quarter earnings report, hiked its annual dividend by 6.5%, and approved a new $15B stock buyback. CMCSA shares are down nearly 4% at $35.

TMCnet · 6h

Comcast Increases Dividend and Share Repurchase Authorization

In addition, Comcast announced that its Board of Directors also approved a new share repurchase program authorization, effective as of January 31, 2025, of $15 billion, which does not have an expiration date.

CNET on MSN32m

Comcast Rolls Out New Ultra-Low Lag Technology to Support Apple, Meta and Gaming Applications

From Meta's mixed reality headsets to Valve's Steam games, Xfinity's new software will be an upgrade for home internet users.

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 ...

1hon 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 ...

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 ...

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

Report: Universal parks attendance flat, but Comcast has record revenue

Attendance was flat for Universal’s theme parks in the fourth quarter of last year, and core earnings fell 3.9% because of spending on Epic Universe, set to debut in Orlando in May, ...

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 ...

7hon 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 ...

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Comcast Loses More Broadband Subscribers Than Expected

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