- Comcast Profit Jumps 28.6% on Growth of Broadband [New York Times] “In the second quarter — Comcast’s first full quarter owning 100 percent of NBCUniversal, in which it had previously held a 51 percent stake — earnings rose to $1.7 billion, or 65 cents a share, from $1.35 billion, or 50 cents a share, in the period a year earlier. Wall Street analysts had been expecting earnings of 63 cents a share.”
- More customers, more revenues: For Comcast, broadband is gift that keeps giving [GigaOM] “Comcast reported that it had 187,000 net new additions to its broadband customer base during the three months, bringing the total to 19.986 million customers. A year ago, the company had 18.738 million customers — that is a gain of 1.248 million customers. During the three month period ending June 30, 2013, Comcast had high-speed revenues of $2.569 billion, up from $2.38 billion in the three month period ending June 2012.”
- Comcast’s NBC Said to Reach $2.1 Billion in Ad Contracts [Bloomberg] “Comcast Corp. (CMCSA)’s NBC broadcast network reached $2.1 billion in advertising commitments for the TV season starting in September, about 17 percent more than a year earlier, a person with knowledge of the contracts said.”
Companies:
Comcast
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