Comcast reported second-quarter earnings that beat on earnings but missed on revenue due to tough comparisons for its film studio and theme parks.
The company beat on earnings, but missed on revenue estimates due to pressure in its film studio and theme park segments.reported mixed results before the bell Tuesday, missing on revenue estimates due to tough year-over-year comparisons for its film studio and theme parks.For the quarter ended June 30, net income was down 7.5% to roughly $3.93 billion, or $1 per share, compared with $4.25 billion, or $1.02 per share, in the same quarter last year.
Meanwhile, theme park revenue dropped nearly 11% to $1.98 billion as attendance normalized compared to record-setting 2023. However, NBCUniversal's TV business offset the segment, posting $6.32 billion in revenue, up 2% from last year.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Comcast reports earnings before the bellComcast will report earnings before the bell on Tuesday as Wall Street remains focused on the broadband and streaming businesses.
Lire la suite »
Comcast reports earnings before the bellComcast will report earnings before the bell on Tuesday as Wall Street remains focused on the broadband and streaming businesses.
Lire la suite »
NBA finalizes $76 billion broadcasting deal with Disney, Amazon, Comcast, Athletic reportsNBA finalizes $76 billion broadcasting deal with Disney, Amazon, Comcast, Athletic reports
Lire la suite »
Over Comcast and AT&T objections, Oakland gets millions to improve internet speedOakland will receive $15 million from California to close gaps in local internet speeds — a grant that faced objections from industry giants Comcast and AT&T, which had argued the town co…
Lire la suite »
‘Morning Joe’ backlash is latest mess for NBC and Comcast executivesCesar Conde has found himself — yet again — on the receiving end of a stinging on-air rebuke from his high-wattage MSNBC stars.
Lire la suite »
Comcast To Deliver The Olympics In Ultra-Low Latency 4K, Dolby Vision And Dolby AtmosI've spent the past 25 years writing about the world of home entertainment technology--first at Home Cinema Choice magazine, where I became Deputy Editor, and for the past 20 years on a freelance basis.
Lire la suite »