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Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks.
Comcast's accelerating theme park expansion and rapid Peacock turnaround are driving near-term earnings growth. Learn more on ...
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Comcast Corporation (NASDAQ:CMCSA) ranks among the best set-it-and-forget-it stocks to buy. On June 25, Benchmark maintained ...
Meanwhile, Comcast isn't building a 100% in-house, ad-supported service beyond its disappointing Peacock, which as of the latest count only serves 22 million paying customers.
NBCUniversal parent Comcast in its Q1 earnings report posted a narrowed Peacock loss, higher theme parks financials and a broadband subscriber update.
As Comcast continues to invest in live sports, it's evident that they have been the difference in subscribers for Peacock.
Cord-cutting is weighing on the media and cable company; Peacock is a path to growth. Comcast 's (CMCSA 0.31%) Peacock streaming service has gained a lot of momentum since its launch in April 2020.
The launch of SpinCo and Epic Universe in 2025, along with continued growth in Peacock and Business Services, positions Comcast for sustained long-term growth.
In its first-quarter earnings, Comcast showed impressive growth in Peacock subscribers to 22 million.
Comcast CEO Brian Roberts boasted the success of Peacock in Comcast's fourth-quarter earnings report. Peacock had 31 million subscribers at the end of 2023.
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Comcast revenue boosted by streaming growth at Peacock - MSNComcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks.
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