Comcast earnings

 

Comcast Shares Down Despite Doubled Q4 Profit

Comcast Corp. (CMCSA) shares were down about 2 percent on Tuesday despite reporting fourth-quarter earnings that more than doubled. The nation’s largest cable operator bulked up its net income to $955 million from $412 million during the year-ago period thanks to thousands of new digital video and high-speed Internet subscribers. Comcast also showed gains from a […]

Comcast, On Verge of NBC Deal, Boosts 3Q Profits

Comcast Corp. (CMCSA), reported to be on the verge of buying the majority stake in NBC Universal, on Wednesday posted a 22 percent jump in third-quarter profits. The growth came not so much from customer adds as from higher average revenue per user – in other words, subscribers increased their at-home entertainment as the recession continued. […]

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