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.
Comcast Corp. reported fourth-quarter revenue and profit that beat Wall Street’s expectations thanks to big gains for its movie studio and better-than-expected results at its theme parks. Sales rose 2% to $31.
Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than made up for a larger-than-expected decline in broadband customers.
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.
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.
Media and technology Comcast Corp. (CMCSK) announced Thursday that it increased its dividend by 6.5% year-over-year, to $1.32 per
L4S pulls this off by giving internet packets an indicator that lets them know if they’ve run into congestion or queueing along any of the hops in their trip between a user and whatever they’re connecting to. If there is a delay, then the devices can start to adjust to stop making the congestion worse — and possibly eliminate it entirely.
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%.
Comcast Corp. (CMCSK) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates. The
Comcast Corp.’s stock fell 1.9% early Thursday, after the cable company’s fourth-quarter earnings topped estimates but it continued to shed subscribers at its domestic broadband business.
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced what it calls a first in the nation -- ultra-low-latency internet designed for gaming, videoconferencing, and virtual reality. The technology has been in testing since 2023.
Comcast has announced a new ultra-low latency connection that promises almost zero lag during gameplay and video calls.