Comcast beats earnings expectations, reports Peacock sign-ups grow to 42 million

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

EARNINGS: Comcast beats earnings expectations for Q1. -EPS: 76 cents adj. vs. 58 cents est. -Revenue: $27.21 billion vs. $26.7 billion est.

Comcast reported first-quarter results before-the-bell on Thursday that beat analyst estimates on both the top and bottom lines.NBCUniversal kicks off it's new Peacock streaming service.reported first-quarter results before-the-bell on Thursday that beat analyst estimates on both the top and bottom lines.76 cents adj.

The company also had its best first-quarter result on record for total customer relationships, adding 380,000 to 33.5 million. It added 461,000 high-speed internet customers. Studios revenue decreased 0.6% to $2.4 billion in the first quarter of 2021, primarily reflecting lower theatrical revenue. Theatrical revenue decreased 87.7%, driven by the deferral of big-screen releases, theater closures and capacity limits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines