Comcast Reports Rise In Q1 Revenue, Profit
International Business Times
Published Apr 22, 2014 07:59AM ET
Comcast Reports Rise In Q1 Revenue, Profit
By Reuters - (Reuters) - Comcast Corporation (NASDAQ:CMCSA) posted higher first-quarter revenue and net income on Tuesday as the largest U.S. cable operator gained video subscribers for the second quarter in a row.
Comcast reported net income of $1.87 billion, or 71 cents per share, compared with $1.44 billion, or 54 cents a share, a year earlier.
Revenue rose 14 percent to $17.41 billion from $15.31 billion. Analysts on average expecting $17.04 billion.
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Written By: International Business Times
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