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Broadband

Comcast revenues, profit rise in Q3 despite continued cord-cutting

Thursday 24 October 2019 | 14:53 CET | News
Comcast reported higher results for the third quarter but said it will keep its quarterly dividend at USD 0.21 per share. Revenues for the company's operations, which include Cable Communications, NBCUniversal and Sky, rose over 21 percent year-on-year to USD 26.82 billion. The adjusted EBITDA lifted 17 percent to USD 8.55 billion while the net profit increased 7.3 percent to USD 3.21 billion. Adjusted earnings per share advanced 16.2 percent to USD 0.79. Free cash flow meanwhile decreased to USD 2.072 billion from 3.141 billion. Capex went 5.3 percent higher to USD 2.5 billion, including

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Categories: Broadcast & Satellite / Internet
Companies: Comcast / Sky
Countries: United Kingdom / United States
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