Comcast Didn't Add Any Internet Subscribers Last Quarter. The Stock Is Tumbling.

2 years ago 113


Comcast broadband internet increase engine sputtered inside the second zone, with the cable company dealing with to grow sales and income but showing 0 growth in its moneymaking broadband internet subscriber base. NBCUniversal media-phase effects had been high-quality, even as Sky income crowned estimates.

Comcast (ticker: CMCSA) inventory slid greater than five% in Thursday’s pre-market trading. Comcast’s file dragged down different cable shares as properly: Charter Communications (CHTR), Cable One (CABO), and Altice USA (ATUS) have been 7.7%, three.5%, and 1.Three% lower, respectively.

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