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Broadband

Comcast results fall despite record broadband growth in Q3

Thursday 29 October 2020 | 12:56 CET | News
Comcast reported third-quarter revenues down 4.8 percent year-on-year to USD 25.5 billion, reducing the sales decline to less than half the rate reported in Q2. The company continued to suffer from the slowdown in the movie business and theme park closures, offset in part by record growth in cable broadband customers in the US. Adjusted EBITDA fell 11.3 percent to USD 7.6 billion, and EPS dropped 37.1 percent to USD 0.44. 

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Categories: Fixed
Companies: Comcast
Countries: United States
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