NBCUniversal Earnings Rise Slightly Despite Lower Film, Cable Networks Results

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The Steve Burke-led entertainment arm of Comcast had tough comparisons with the year-ago period when its film releases included ;Jurassic World' and it aired the soccer World Cup and the Ryder Cup.

At Sky, adjusted EBITDA also rose as did total customer relationships. Sky adjusted EBITDA was up 38.3% on a pro forma basis, excluding the impact of currency movements , Adjusted EBITDA Increased 46.0% on a Pro Forma BasisWells Fargo analyst Jennifer Fritzsche in a recent report wrote: "Comcast has been the worst performing cable stock year-to-date. ...

Said Roberts: “We delivered excellent results in the third quarter, surpassing 55 million customer relationships and generating strong pro forma growth in adjusted EBITDA and double-digit growth in adjusted EPS. We continued our long track record of highly-profitable growth, while also investing in our businesses to further strengthen our leading competitive position.

 

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