Welcome to our dedicated page for Comcast news (Ticker: CMCSA), a resource for investors and traders seeking the latest updates and insights on Comcast stock.
Comcast Corporation (NASDAQ: CMCSA) is a global connectivity and media leader providing essential services through its Xfinity broadband network, NBCUniversal entertainment properties, and Sky international television platforms. This news hub offers investors and industry observers direct access to official updates across all business segments.
Track critical developments including quarterly earnings disclosures, infrastructure expansion announcements, content partnership agreements, and regulatory filings. Our curated collection features press releases about Xfinity service innovations, NBCUniversal programming updates, Sky international operations, and corporate sustainability initiatives.
Monitor strategic moves in key growth sectors like broadband deployment, streaming platform development (Peacock), and next-generation entertainment technologies. The archive includes financial filings, executive leadership statements, and operational updates essential for understanding Comcast's position in competitive telecom and media markets.
Bookmark this page for continuous access to unfiltered corporate communications from one of America's largest broadband providers and content creators. Check regularly for updates on network expansions, content licensing deals, and technological advancements shaping the future of connectivity and entertainment.
Comcast Corporation (CMCSA) reported its Q1 2023 results, achieving Adjusted EBITDA growth of 2.9% to $9.4 billion and an Adjusted EPS increase of 7.0% to $0.92. Revenue decreased by 4.3% to $29.7 billion, influenced by prior year's events including the Olympics and Super Bowl.
Net income rose 8.0% to $3.8 billion, while free cash flow dropped 20.2% to $3.8 billion. The company returned $3.2 billion to shareholders through dividends and share repurchases. Connectivity & Platforms Adjusted EBITDA rose 3.2% to $8.1 billion, with broadband revenue up 4.8%. Peacock subscribers surged over 60% to 22 million.
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