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Comcast Has Strong Earnings Quarter

Video Credit: Rumble - Duration: 00:39s - Published < > Embed
Comcast Has Strong Earnings Quarter

Comcast Has Strong Earnings Quarter

Comcast reported higher first-quarter earnings and its cable and NBCUniversal units posted gains.

First net income increased 14% to $3.553 billion, or 77 cents per share, up from $3.118 billion, or 66 cents a share a ear ago..

Revenue rose 17.9% to $26.859 billion, reflecting Comcast’s acquisition of Sky.

Revenue was down because it was being compared to last year’s total, which included $1.6 billion in incremental revenue from the Winter Olympics.

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