Comcast Q4 Boosted By Cable as NBCU Performance Slips Amid P

Comcast Q4 Boosted By Cable as NBCU Performance Slips Amid Pandemic


Comcast Q4 Boosted By Cable as NBCU Performance Slips Amid Pandemic
Brian Steinberg, provided by
FacebookTwitterEmail
Comcast said fourth-quarter profit increased thanks to customer interest in broadband and wireless services, even as it grappled with a downturn in performance at its large NBCUniversal entertainment conglomerate spurred by the coronavirus pandemic.
The Philadelphia cable giant said net income came to $3.38 billion, or 73 cents a share, up from $3.16 billion, or 68 cents a share, in the year-earlier period. Revenue fell 2.4% to $27.7 billion. compared with nearly $28.4 billion in the year-earlier period.
More from Variety
The results showed Comcast trying to focus more heavily on technologies that are gaining more adoption from consumers, including broadband services. The company said its Peacock streaming-video hub had seen 33 million “sign-ups” in the U.S. year to date, a metric that does not reveal how many actual subscriptions people bought for the nascent service. Comcast had reported 22 million sign-ups in October.

Related Keywords

Osaka , Japan , Philadelphia , Pennsylvania , United States , Brian Roberts , Instagram , Twitter , Facebook , Comcast , Slips Amid , Chief Executive Brian Roberts , ஒசகக , ஜப்பான் , பிலடெல்பியா , பென்சில்வேனியா , ஒன்றுபட்டது மாநிலங்களில் , பிரையன் ராபர்ட்ஸ் , இன்ஸ்தக்ராம் , ட்விட்டர் , முகநூல் , காம்காஸ்ட் , சீட்டுகள் இடையில் , தலைமை நிர்வாகி பிரையன் ராபர்ட்ஸ் ,

© 2025 Vimarsana