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“Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign-ups”

Comcast on Thursday reported third-quarter earnings that beat analyst estimates on the top and bottom lines…

Here are the key numbers:

  • Earnings per share: 65 cents, adjusted vs.52 cents expected, according to Refinitiv survey of analysts
  • Revenue: $25.53 billion vs. $24.74 billion expected, according to Refinitiv
  • High-speed internet customers: 633,000 net adds vs. 534,000 net adds expected, according to FactSet

NBCUniversal’s Peacock now has nearly 22 million sign-ups. The service, which offers free and paid options, had 10 million sign-ups when Comcast last reported earnings in July. Comcast said in its report that Peacock is “proving to be a differentiating factor for customers considering Xfinity broadband and is also improving churn.”…”

https://www.cnbc.com/2020/10/29/comcast-cmcsa-q3-2020-earnings.html

 

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