Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than made up for a larger-than-expected decline in broadband customers.
L4S pulls this off by giving internet packets an indicator that lets them know if they’ve run into congestion or queueing along any of the hops in their trip between a user and whatever they’re connecting to. If there is a delay, then the devices can start to adjust to stop making the congestion worse — and possibly eliminate it entirely.
Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” helped the studios business defy gravity with an 85% increase in profit.
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, as 'Wicked' boosted NBCUniversal studio results.
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 (CMCSK) (CMCSA) announced that it increased its dividend by 8c, or 6.5% year-over-year, to $1.32 per share on an annualized basis for
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%.
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced what it calls a first in the nation -- ultra-low-latency internet designed for gaming, videoconferencing, and virtual reality. The technology has been in testing since 2023.
Comcast Corp. reported fourth-quarter revenue and profit that beat Wall Street’s expectations thanks to big gains for its movie studio and better-than-expected results at its theme parks.
Peacock's revenue rose 27.8% thanks to price hikes made last year ahead of the Olympics. The streaming service's subscriber count, however, stayed flat on-quarter at 36 million as Comcast sought to retain users after record additions in the third quarter.
Major League Soccer and Apple announced details of this year's MLS Season Pass streaming package on Wednesday. And this time, the details weren't just about MLS and Apple.