Comcast Exceeds Revenue and Earnings Expectations with Improved Broadband Losses
Comcast exceeded first-quarter revenue and earnings estimates, driven by improved broadband customer losses and growth in its mobile business. The company lost 65,000 broadband customers, a significant improvement from 183,000 in the same period last year. Its stock rose as much as 5% in premarket trading following the results.
Tickers: $CMCSA
Topics: Comcast Customer Losses Q1 Earnings Revenue Growth Stock Performance