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Comcast Shares Tumble
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.
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.
Comcast Posts Growth, Powered By ‘Wicked,’ Despite Losing Broadband Customers
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” despite falling broadband customer numbers. Comcast lost 139,000 broadband customers in the quarter,
Comcast Lifts Dividend
Comcast Raises Dividend by 6.5%, Sets New $15 Billion Buyback
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 Increases Dividend and Share Repurchase Authorization
Comcast Corporation (NASDAQ: CMCSA) announced today that it increased its dividend by $0.08, or 6.5% year-over-year, to $1.32 per share on an annualized basis for 2025. In accordance with the increase,
Comcast Lifts Dividend, To Buy Back $15 Bln Shares
Media and technology Comcast Corp. (CMCSK) announced Thursday that it increased its dividend by 6.5% year-over-year, to $1.32 per
Barchart on MSN
2h
Is Wall Street Bullish or Bearish on Comcast Stock?
Valued at a market cap of almost $143 billion, Comcast Corporation (CMCSA) is a media and technology company that delivers ...
6h
Comcast: Q4 Earnings Snapshot
Comcast Corp. (CMCSA) on Thursday reported fourth-quarter profit of $4.78 billion. On a per-share basis, the Philadelphia-based company said it had profit of $1.
22h
on MSN
Comcast is rolling out ‘ultra-low lag’ tech that could fix the internet
L4S pulls this off by giving internet packets an indicator that lets them know if they’ve run into congestion or queueing ...
Business Wire
1d
Comcast and Apple Unveil New Integrated Viewing Experience for MLS Season Pass
To celebrate the start of the 2025 season and the launch of the new viewing experience, Xfinity will offer all customers a ...
1d
Comcast's new low-latency internet is literally game-changing, and these cities will get it first
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...
Security Systems News
2d
Comcast Smart Solutions to enhance security at Youth Crisis Center campus
Comcast Smart Solutions, a division of Comcast that specializes in smart technologies for businesses and communities, has ...
22h
Comcast introduces ultra-low latency tech for Xfinity Internet subscribers
Jason Livingood, vice president of technology policy, product and standards at Comcast, told VentureBeat that they believe ...
2h
on MSN
Comcast Sales, Profit Beat as ‘Wicked’ Lifts Film Studio
Comcast Corp. reported fourth-quarter revenue and profit that beat Wall Street’s expectations thanks to big gains for its ...
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