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Comcast Stock Plunges

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 spinout of its cable TV networks.

Hosted on MSN · 18h

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 customers.

International Business Times · 17h

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 customers in the fourth quarter and a stagnating subscriber base for its Peacock streaming service.

Comcast, Peacock

Variety on MSN · 22h

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.

Deadline.com · 21h

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 results.

YAHOO!Finance · 22h

Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%

The media conglomerate beat Wall Street expectations, despite shedding 139,000 domestic broadband customers The post Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85% appeared first on TheWrap.

Comcast Shares Tumble

AOL · 16h

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.

Reuters · 19h

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.

Bloomberg on MSN · 19h

Comcast Shares Tumble as Broadband-Subscriber Losses Widen

Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.

10hon 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.

20hon 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 ...

Sportico on MSN16h

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 ...

Advanced Television19h

Comcast cord cuts take shine off studios

Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 ...

20h

Peacock Lost $372 Million in the Final Quarter of 2024

Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t ...

14hon MSN

‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M

Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.

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