Separation into two companies is progressing, with strong wireless and Peacock growth offsetting near-term broadband and park softness. Revenue rose 5% year-over-year, while adjusted EBITDA declined 5% due to strategic investments and NBA rights costs. Wireless net additions and Peacock profitabili…
Revenue rose 5% year-over-year, but adjusted EBITDA fell 5% due to strategic investments and NBA rights costs. Wireless and Peacock showed strong growth, with Peacock reaching profitability and record subscriber gains. Parks saw softer attendance, but long-term outlook remains positive.Based on Com…
Comcast reported second-quarter 2026 results with consolidated revenue of $29.94 billion and Adjusted EBITDA of $8.90 billion. Adjusted diluted earnings per share were $1.04 while net income attributable to Comcast was $3.53 billion for the quarter. The company generated $4.60 billion of free cash…
Revenue declined 1.2% year-over-year, but pro forma revenue rose 4.7% excluding divested units. Adjusted EBITDA fell 13.4%, while free cash flow reached $4.6 billion. Peacock achieved profitability, and a tax-free spin-off of NBCUniversal and Sky was announced.Original document: Comcast Corporation…
Pro forma revenue grew 4.7% to $29.6B, while adjusted EBITDA fell 5.3% to $8.9B and EPS declined 4.3% to $1.04. Free cash flow was $4.6B, with $2.1B returned to shareholders. NBCUniversal and Sky will be spun off as a separate public company within 12 months.Original document: Comcast Corporation…
Comcast Corporation (NASDAQ: CMCSA) announced that its Board of Directors declared a quarterly cash dividend of $0.33 a share on the company’s common stock. The quarterly dividend is payable on October 28, 2026, to shareholders of record as of the close of business on October 7, 2026.To automatical…
Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended June 30, 2026.“Second quarter results show continued progress against our strategic priorities," said Brian L. Roberts and Mike Cavanagh, co-CEOs of Comcast Corporation. "In Connectivity & Platforms, our strategic pivo…
Comcast’s Xfinity today announced that more than 3,300 new homes and businesses in Hancock and Glascock counties, including the communities of Sparta and Gibson, now have access to multi-gigabit, symmetrical Internet from America’s smartest and most reliable converged network. Xfinity brings Intern…
IMAX (IMAX) and Comcast Corp. (CMCSA) stocks gained premarket on Monday after Christopher Nolan’s “The Odyssey” reportedly delivered a blockbuster opening weekend, leading the global box office with an estimated $124.5 million in domestic ticket sales and $264 million worldwide.IMAX’s Win And Unive…
CMCSA (Comcast Corporation) is set to announce its Q2'26 results on July 23, before the market opens. The earnings are expected to be disclosed at 9:30 AM ET (1:30 PM UTC).For Q2'26, revenue estimate is 29.22 billion USD with EPS (earnings per share) anticipated at 0.96 USD. Learn more details at C…
(10:50 GMT) Comcast Price Target Cut to $28.00/Share From $29.00 by Wells Fargo
By Tharuniyaa LakshmiLondon's FTSE 100 ended lower on Monday as losses in precious metal miners and drugmakers including AstraZeneca weighed, while easyJet topped the midcap index after agreeing to a takeover offer.The blue-chip FTSE 100 index CURRENCYCOM:UK100 fell 0.3% to 10,651.8 points at close…
ITV CEO Spoke in Call Following Deal To Sell TV Business to Comcast's Sky
ITV CEO: No Guarantees on Jobs Following Deal
ITV CEO Expects Very Comprehensive Regulatory Review of Deal
ITV CEO: Combined Businesses are Very Complementary
ITV CEO: Deal Will Unlock Capabilities for ITV Studios Business
ITV CEO Says TV-Business Deal With Comcast's Sky is Transformational
PHILADELPHIA (dpa-AFX) - ITV plc (ITV.L), Britain's commercial public service broadcaster, Monday announced that it has agreed to sell its Media & Entertainment business or ITV M&E to Sky, a Comcast Corp. (CMCSA) subsidiary, for a total consideration of up to 1.6 billion pounds.Regarding the curren…
By Adam WhittakerComcast's Sky has agreed to buy ITV's television business for up to about $2.14 billion, in a deal that will combine two of the U.K.'s best-known media brands.Under the deal, London-listed ITV will receive 1.2 billion pounds ($1.6 billion) and Sky's Love Productions business, befor…
