Comcast’s broadband business continues to be under pressure due to the rise of competitors, particularly in the 5G space.
Comcast’s latest earnings underline how the company’s business mix is changing as pressure builds on its traditional cable operations. While the group beat expectations on earnings in the fourth ...
Comcast Corp. reported revenue and profit in the fourth quarter that met or surpassed Wall Street expectations, even as it continued to lose cable TV and internet customers.
“Subscriber losses were 181,000, as the early traction we are seeing from our new initiatives was more than offset by continued competitive intensity,” Comcast CFO Jason Armstrong said during an ...
Comcast (CMCSA) delivered earnings and revenue surprises of +11.66% and +0.53%, respectively, for the quarter ended December ...
Comcast said its fourth quarter was crimped by losses of broadband customers, a less robust slate of Universal movies and broader losses at its Peacock streaming service as the company navigates ...
Telecommunications and media company Comcast (NASDAQ:CMCSA) met Wall Streets revenue expectations in Q4 CY2025, with sales up 1.2% year on year to $32.31 billion. Its non-GAAP profit of $0.84 per ...
Comcast Cable Communications’ agreement to pay $117.5 million to settle a class action filed after the telecommunications giant suffered a data breach was preliminarily approved by a federal court.
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
Comcast’s trend of losing broadband customers continued in the fourth quarter as its wireless business posted higher revenue, despite adding fewer customers than Wall Street expected.
The cable industry's foray into wireless has long been considered a retention tool for the behemoth broadband business. Less than a decade after cable giants like Comcast and Charter Communications ...
WASHINGTON — Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for ...