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Comcast Loses More Broadband Subscribers Than Expected
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Shares of Comcast ( CMCSA) fell to their lowest level in more than two years Thursday after the cable and media giant reported a drop in its subscriber base. Streaming turned profits in 2024. Wall Street's biggest worry is whether momentum can last.
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 sheds broadband, cable TV subscribers in Q4
Comcast continued to experience subscriber declines in its land-based broadband Internet and cable TV services during the fourth quarter.
1d
on MSN
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the ...
1d
Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock
Revenue rose 2% to $31.92 billion, generated by increases in its U.S. wireless operations, the success of “Wicked” and “The ...
Sportico on MSN
20h
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 ...
23h
on MSN
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 ...
1d
on MSN
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” ...
1d
Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, as 'Wicked' boosted NBCUniversal studio ...
2d
Comcast launches new sports, video package for Xfinity Internet customers, including in CT
Comcast has announced a Sports & News TV package for Xfinity Internet customers to bring live news, sports, movies, shows and ...
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