Comcast Earns $2 Billion on Strength in Cable Business
Comcast reported net income of almost $2 billion in the second quarter, with revenue growth in the company’s cable business offsetting a lackluster performance in its NBCUniversal entertainment group.
Revenue in Comcast’s cable unit increased 5.4 percent, to $11 billion. Comcast added 203,000 broadband subscribers in the quarter.
Comcast Earns $2 Billion on Strength in Cable Business Comcast beats earnings with increased broadband sales (USAToday)