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Comcast Profits Rise 22 Percent; Ad Decline Slows In Q3

combination of cost savings and an increase in the number of subscribers and monthly bill rates pushed Comcast (NSDQ: CMCSA) past analysts expectations. Profits rose 22 percent to $944 million as revenue was up 3 percent to $8.8 billion, the latter just missing analysts estimates. Comcast didnt have much to say on speculation about an imminent purchase of a majority stake in NBC Universal (NYSE: GE), but thats likely to come up during the earnings call. It wasnt all good news for Comcast, as ....

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19 days ago

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