BUZZ-Comcast slips on bigger broadband subscriber loss in fourth quarter
ReutersJan 30, 2025 1:15 PM
Shares of media and telecom major Comcast CMCSA.O fall 3.7% to $35.99 in premarket trading
Comcast lost 139,000 broadband customers in Q4, higher than FactSet estimates of a 91,000 loss
Total revenue up 2.1% to $31.92 bln, beating estimates of $31.64 billion- LSEG
Co reports a near 7% rise in studio revenue in Q4
Adjusted EPS of 96 cents per share also topped estimates by 10 cents- LSEG
Stock had fallen 14.4% in 2024
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