Comcast beats first-quarter earnings estimates despite losing broadband customers
- Comcast reported first-quarter results on Thursday, April 24, 2025.
- The report highlighted challenges including significant customer losses in traditional cable services amid competition.
- Specifically, the company lost 199,000 broadband customers and 427,000 video customers this quarter.
- Despite these subscriber declines, adjusted earnings per share reached $1.09, exceeding analyst estimates.
- Comcast shares fell over 3% Thursday following the release of these mixed financial results.
22 Articles
22 Articles
Charter Loses 181,000 Pay TV Customers in First Quarter of 2025
Pay TV is still declining, though Charter Communications has found a way to slow this loss. During the first quarter of 2025, the company saw a loss of 181,000 pay TV customers. That’s less than half of the 405,000 pay TV customers the company lost during the first quarter of 2024. By March 31, Charter reported having 12.7 million total video customers. Charter credited simplified pricing as well as the launch of its Life Unlimited package in Se…


Xfinity and Comcast services expand to 13K Middletown residents
Comcast announced that its Internet services are now available to an additional 13,000 homes and businesses in Middletown as part of its network expansion. The post Xfinity and Comcast services expand to 13K Middletown residents appeared first on Delaware Business Times.
Comcast’s internet, TV customer losses top Wall Street estimates
Comcast Corp. reported first-quarter losses of pay-TV and broadband customers that exceeded analysts’ estimates, a reflection of the growing competition from streaming companies and wireless providers.
Comcast Edges Wall Street’s Q1 Forecast, But Domestic Advertising, Broadband Declines Hit Stock
Comcast delivered first-quarter results slightly better than Wall Street expectations, but its shares fell in pre-market trading Thursday. Total revenue was $29.9 billion, a decline of a fraction of a percent from the year-earlier quarter. Adjusted earnings per share rose to $1.09 from $1.04. Downturns in domestic advertising and residential broadband unsettled investors, with Comcast […]
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