Comcast Beats Q3 Estimates As Mobile Growth Offsets Broadband Losses
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Comcast Beats Q3 Estimates As Mobile Growth Offsets Broadband Losses
Comcast beat Q3 earnings expectations with $1.12 per share on $31.2 billion in revenue, despite a continued decline in broadband subscribers. Growth came from mobile, theme parks, and film revenue, while NBCUniversal’s new NBA media rights deal is set to boost Peacock’s streaming presence.
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