0
General

Comcast Q2 earnings up 23% as media business returns to profitable growth

Thursday 29 July 2021 | 13:45 CET | News
Comcast reported second-quarter earnings up 23 percent year-on-year to USD 0.80 per share, supported by a return to profit for its theme parks, continued strong growth in cable subscribers and improving results at NBCUniversal and Sky. Revenues rose 20 percent to USD 28.5 billion, and adjusted EBITDA increased 13 percent to USD 8.9 billion. Comcast said it restarted its share buyback early during May and maintained its quarterly dividend.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Comcast / NBCUniversal / Sky
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Comcast Business invests USD 28 mln into extending fibre in Beltway Region

Published 07 Oct 2021 13:04 CET | United States
Comcast Business said it will have invested USD 28 million over two years into advancing its fibre network throughout the Beltway ...

Comcast Government Services awarded contract from DISA

Published 05 Aug 2021 15:00 CET | United States
Comcast Business announced that Comcast Government Services was awarded another multimillion-dollar contract by the US' Defense ...

Sky meets 100% renewable energy target; publishes group Impact Report

Published 01 Aug 2021 13:28 CET | United Kingdom
Sky has met its 100 percent renewable electricity target, as it works towards being net zero carbon by 2030....

Charter accelerates revenue growth to nearly 10% in Q2

Published 30 Jul 2021 14:10 CET | United States
US cable operator Charter Communications saw revenue growth accelerate to 9.5 percent in the second quarter, to USD 12.8 billion. ...

Sky customers in Europe to get access to Peacock TV streaming service

Published 30 Jul 2021 10:59 CET | Europe
Comcast announce that NBCUniversal and Sky will make the Peacock TV streaming service available to 20 million Sky customers ...

Sky underlying revenue up 15% in Q2

Published 29 Jul 2021 14:40 CET | United Kingdom
Sky generated total revenue of USD 5.22 billion in Q2 2021, up 28 percent from USD 4.08 billion in Q2 2020. Adjusted EBITDA was ...

Comcast Business Mobile launches to small businesses nationwide

Published 21 Jul 2021 14:29 CET | United States
Comcast Business has launched a new wireless mobile service for small businesses, Comcast Business Mobile, nationally across its ...

Xfinity Mobile starts porting promo campaign

Published 16 Jul 2021 09:20 CET | United States
Comcast's Xfinity Mobile launched a campaign named National Break Free From the Big Three Day. Xfinity Mobile is encouraging ...

Comcast names Johnson as EVP for public policy and digital equity

Published 14 Jul 2021 14:44 CET | United States
Comcast has welcomed Broderick D Johnson as EVP for public policy and EVP for digital equity. Johnson will oversee the company's ...

Comcast Government Services wins 2 more multi-million dollar contracts from US DISA

Published 14 Jul 2021 13:37 CET | United States
Comcast Business has announced that Comcast Government Services has been awarded two additional multi-million dollar contracts by ...

Comcast adds record 380,000 cable customers in Q1, revenues up 2%

Published 29 Apr 2021 15:31 CET | United States
Comcast added 380,000 new cable customers in the first quarter, a new record for the company, giving it a total base of 33.5 ...

Comcast commits to investing USD 1 bln to close digital divide in US

Published 25 Mar 2021 08:13 CET | United States
Comcast  announced it would invest USD 1 billion over the next 10 years to help further close the digital divide and give even ...

Comcast increases speed on low-income internet plan, rolls out more free Wi-Fi

Published 03 Feb 2021 10:42 CET | United States
Comcast is increasing the speed on its Internet Essentials plan, as part of a wider commitment to eliminating the digital divide ...

Comcast raises dividend again despite drop in FY results

Published 28 Jan 2021 14:11 CET | United States
Comcast has increased its dividend for a 13th consecutive year, despite lower results in 2020 due to coronavirus crisis. The ...





Calendar   /   Industry Events

18 Oct Apple Event
19 Oct A1 Telekom Austria Q3 2021
19 Oct Tele2 Q3 2021
19 Oct Netflix Q3 2021
19 Oct Iridium Q3 2021
19 Oct Arm DevSummit
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Crown Castle Q3
20 Oct Verizon Q3 2021
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Telenor Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
22 Oct Doro Q3 results
22 Oct Ericsson Q3 2021
::: More Calendar Items