Comcast Edges Estimates With Q1 Results Fueled By Olympics, Super Bowl

Deadline -

Deadline—Along with the news of its game-changing bid for Sky, Comcast’s first-quarter results beat estimates with strength across divisions, highlighted by the addition of nearly 400,000 broadband subscribers and broadcast TV revenue booming 58%. Total revenue revenue increased nearly 11% to $22.79 billion, edging the Thomson/Reuters analyst consensus of $22.74 billion. Earnings per share of 62 cents, on an adjusted basis, beat estimates of 59 cents. One problem area remains…

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