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Comcast Earnings Beat
Description
Comcast beat Q1 estimates with adjusted EPS of 79 cents and revenue of $31.46B, up ~5% year over year. NBCUniversal boosted results through the Super Bowl, Winter Olympics, and NBA All-Star Weekend. Peacock subscribers rose 12% to 46M. Broadband losses narrowed to 65,000 from 183,000 a year ago. Mobile added 435,000 lines. Shares rose as much as 8% in premarket trading.
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