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Comcast slips on bigger broadband subscriber loss in Q1

ReutersApr 24, 2025 1:43 PM

Shares of media and telecom major Comcast CMCSA.O fall 5% to $32.7

CMCSA lost 199,000 broadband customers in Q1, higher than FactSet estimates of a 146,100 loss

*Co said in post-earnings call that broadband competitive environment remains intense with wireless carriers marketing their plans aggressively

Q1 revenue of $29.89 bln vs estimates of $29.77 bln, as per data compiled by LSEG

Studio revenue for Q1 up 3% to $2.83 bln

Up to last close, stock has fallen 8.2% YTD

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