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Comcast Shares Tumble

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.

New York Post on MSN · 7h

Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses

The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.

AOL · 5h

Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint

Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.

Comcast, internet

ZDNet · 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 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.

tech · 2h

Comcast Unveils Ultra-Low Latency Internet for Faster Connectivity

Comcast has announced the launch of an ultra-low latency Internet service for its Xfinity customers, bringing a reduction in lag for users.

The Verge on MSN · 1d

Comcast is rolling out ‘ultra-low lag’ tech that could fix the internet

The new technology is based on a standard called L4S, which can significantly reduce latency to help things like video games feel smoother.

6hon MSN

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...

23m

Comcast: Buy Rating Maintained Despite Challenges Due to Undervaluation and Potential Strategic Moves

Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Comcast (CMCSA – Research Report) yesterday and set a price target of ...

10h

Comcast slides as broadband, video sub losses steal spotlight from results beat, Studio strength

Comcast reports strong Q4 earnings with a top- and bottom-line beat, raising dividend by 6.5% and announcing a new $15B stock ...

Why Comcast (CMCSA) Stock Is Tumbling Today

Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...

Comcast price target lowered to $44 from $50 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Comcast (CMCSA) to $44 from $50 and keeps a Buy rating on the shares. The company’s Q4 ...

11hon MSN

Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%

Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” ...

Advanced Television16m

Analyst: Price hikes paying off for Peaock, Apple TV+

As Apple and Comcast reported their Q4 results, their respective streaming services represent distinct approaches to the evolving digital entertainment landscap ...

Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details

Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.

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Comcast Shares Tumble

Comcast, internet

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