Comcast saw fourth-quarter net income of close to $3.3 billion as revenue passing $31 billion, up, respectively, 7.8% and 2.3%, with the numbers beating Wall Street forecasts.
Peacock hit some milestones, studio profit surged and theme parks continue strong. Free cash flow was $1.7 billion vs $1.3 billion.
The media giant lost video and broadband customers, but added wireless subscribers. The stock is up 2.4% in pre-market trading as the company boosted its dividend and announced a big $15 billion stock repurchase program.
Peacock added 3 million subscribers from Q3 to hit 31 million subs – up nearly 50% from the year earlier. Streaming revenue rose 57% year-on-year to pass $1 billion.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.