Comcast reported quarterly earnings this past Thursday, and despite its CFO’s recent warning of slower broadband growth, results slightly exceeded analyst expectations. Decent revenue growth from Comcast Cable and a strong bounceback performance from Covid levels from NBCU led to 19% revenue growth in the quarter. Wireless growth was also strong.
Comcast’s business has growing complexity, as Peacock, Sky, Wireless, and in future quarters its smart TV product all need to be analyzed. The following reports cover the results from different angles.
Central Florida’s Universal Orlando Resort has record-breaking quarter, said top exec – Orlando Business Journal (bizjournals.com)
Comcast begins work in Bethany Beach | Bethany Beach | coastalpoint.co
Comcast’s broadband growth slows but wireless may be a hidden gem – MarketWatch
Comcast Takes $520M Loss On Peacock, Doesn’t Disclose New Sign-Ups – The Hollywood Reporter (ampproject.org)
Comcast’s Profit Doubles, Boosted by Tokyo Olympics, Theme Parks – WSJ (ampproject.org)
Apple And Comcast Set Two-Way Streaming Distribution Deal – Deadline (ampproject.org)