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 executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 ...
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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 ...
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” but broadband customer numbers fell. Comcast lost 139,000 broadband customers in the ...
Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Comcast (CMCSA – Research Report) yesterday and set a price target of ...
Comcast reports strong Q4 earnings with a top- and bottom-line beat, raising dividend by 6.5% and announcing a new $15B stock ...
Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...
Goldman Sachs lowered the firm’s price target on Comcast (CMCSA) to $44 from $50 and keeps a Buy rating on the shares. The company’s Q4 ...
Comcast has announced the launch of an ultra-low latency Internet service for its Xfinity customers, bringing a reduction in ...
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