Comcast Profit Tops Estimates
- 8 years ago
Comcast Corp. reported better-than-expected financial results and added video customers again in the first quarter, extending a strong streak for the cable industry in a weak overall pay-TV market.
The company added 53,000 video customers, compared with a loss of 8,000 in the prior-year quarter.
Since its Time Warner Cable Inc. deal fell apart last year Comcast has been on the lookout for new deals investing in digital media companies and theme parks, like Universal Studios Japan that was bought in September.
And the recent ongoing deal to buy DreamWorks Animation SKG Inc.
The company added 53,000 video customers, compared with a loss of 8,000 in the prior-year quarter.
Since its Time Warner Cable Inc. deal fell apart last year Comcast has been on the lookout for new deals investing in digital media companies and theme parks, like Universal Studios Japan that was bought in September.
And the recent ongoing deal to buy DreamWorks Animation SKG Inc.