Comcast beats earnings, says NBC streaming service to launch in April 2020.
The company beat EPS estimates 75 cents per share, reporting 78 cents per share, but misses revenue estimates of $27.06 billion, reporting $26.86 billion.Brian Roberts, chairman and chief executive officer of Comcast Corp.on Thursday reported second-quarter earnings that beat expectations but revenue that fell short. It also exceeded estimates on high-speed internet customer additions.Here are the key numbers:78 cents, adjusted, vs.
Theatrical revenue decreased 53.1% for the quarter from a year earlier. The company said the decline was due to the strength of releases last year including "Jurassic World: Fallen Kingdom." It said the decline impacted Comcast's filmed entertainment revenue, which fell 14.8% from a year earlier. Cable networks, excluding the Olympics, accounted for $2.95 billion in total revenue, a 2.5% increase from last year's quarter.
Filmed entertainment brought in $1.46 billion in total revenue, a 14.8% decrease from the previous year.As its video segment has declined, Comcast has shifted its focus on other areas of the business to develop. Comcast acquired British broadcaster Sky last year. CEO Brian Roberts told analysts last quarter the company had been "exploring launching a global NBC-Sky news channel later this year.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Miss America 2020 Competition Date Set On NBCNBC has set Thursday, December 19 for the network’s broadcast of the 2020 Miss America Competition. It will air live from 8-10 PM ET/PT at Mohegan Sun in Uncasville, Conn. As previously annou…
Leer más »
NBC Just Dropped a Trailer For Tokyo 2020 Set to 'The Greatest Show,' and No, I'm Not OKThe Tokyo 2020 Olympics are almost exactly one year away. NBC just released a teaser/ultimate sports montage for them set to 'The Greatest Show.' I
Leer más »
Accused sex trafficker Jeffrey Epstein injured in federal jail in New York: NBC NewsJeffrey Epstein was on the floor of his cell in a fetal position, was semi-conscious and had marks on his neck, sources said.
Leer más »