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Comcast exceeded revenue and profit expectations in the fourth quarter, reporting a 7% increase in dividends and fewer broadband subscriber losses than anticipated. The company’s net income for the quarter ended December 31 rose to $3.26 billion, with adjusted earnings per share at 84 cents, compared to the expected 79 cents. Revenue also surpassed expectations at $31.25 billion, up 2.3% from the previous year. Comcast’s CEO, Brian Roberts, expressed satisfaction with the company’s performance, citing record-breaking revenue, adjusted EBITDA, and adjusted EPS for the third consecutive year.
2024-01-25 07:39:53
Source from www.cnbc.com
