Comcast On Thursday, a Thursday Thursday Wall Street is on Thursday, as revenues from the company of a broadband companies intensified despite the loss of customers.
Here’s how the company worked for the quarter, compared to average estimates of analysts from LSEG:
- Earnings per share: 96 cents adjusted to 86 cents
- Income: $ 31.92 billion compared to $ 31.64 billion
The Comcast sections were slightly reduced in the Prevari store.
For a quarter, completed on December 31, a net income that can be attributed to Comcast has increased approximately 47% at $ 4.78 billion, or $ 1.24 per share, compared with $ 3.26 billion, or 81 cents per share, year days earlier.
Adjusting one -time items, including interest costs and the value of a particular asset, Comcast reported a 96 cm section for that period.
Adapted earnings before interest, tax, depreciation and depreciation increased by about 10% to $ 8.81 billion.
In addition to the larger revenue of a broadband network, the Comcast has increased by 2% to $ 31.92 billion thanks to the increase in segments, including a mobile job, a film studio and revenue growth in Streaming Service Peacock. During the fourth quarter of 2023, Comcast reported a revenue of $ 31.25 billion.
While the cable industry recorded the growth of a broadband user drop In the recent quarters, the job remained a key driver on balance sheets like Comcast as prices increased and the average revenue per user increased.
Comcast on Thursday reported that during the fourth quarter he lost 139,000 domestic customers of broadband networks, such as the COMCAST Cable Director Dave Watson warned During the investor conference in December.
The broadband unit is part of the Comcast connection segment and platform, which also includes XFINITY MOBILE WIRELESS, which was launched In 2017, the company surpassed 7.8 million mobile lines, and the units from the unit helped to reach total revenue from housing.
Comcast lost 311,000 cable television customers during the fourth quarter.
Meanwhile, the revenue for the content of the company, which include TV networks and streaming NBCuniversal, film studio and themed parks, increased by about $ 12.08 billion during the fourth quarter.
The income for the media segment, which includes TV networks, increased by 3.5% to around $ 7.22 billion, namely due to higher revenue for Streamer Peacock due to the increase in paid subscribers on the platform from the previous year. Overall domestic advertising for the media segment was straight because the dollars of advertisements for the peacock increased, but the TV networks recorded a smaller path.
In November, Comcast announced Spinff would have their channels of cable networks, a portfolio involving CNBC, MSNBC, E!, Syfy, USA, Oxygen and The Golf Channel. The separation, which will also include digital property such as Fandango and Rotten Tomatoes, is expected. NBC aired network, cable channel Bravo and Peacock will remain with Comcast.
Comcast reported that Peacock had 36 million paid subscribers in the fourth quarter, an apartment from the previous period.
Peacock was moving toward profitability in the recent districts. Streamer, who launched live sports like summer Olympic Games and NFL, reported $ 1.3 billion in revenue from the fourth quarter and a loss of EBITDA in the amount of $ 372 million, compared to billions -e of $ 825 million in the same period last year.
The Universal Studios revenue has increased by 6.7% to $ 3.27 billion, and the custom EBITDA segment has increased by $ 85% to $ 569 million, he increased the successes of films at the cash register, including “Kung Fu Panda 4”, “defiled me 4 “,” Wild Robot “” and “Wicked. ”
In the meantime, the revenue of thematic parks was flat as a lower attendance persistent in domestic locations.
Discovering: Comcast is the owner of the NBCUNIVERSAL, the CNBC parent company. NBCUNIVERSAL has the NBC Sports and NBC Olympic Games. NBC Olympics is an American holder of the right to broadcast all the summer and winter games by 2032.
