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Comcast reported strong Q4 2024 revenue growth, but faced subscriber losses in broadband and cable TV.
Comcast's Q4 2024 revenue surpassed expectations, rising 2.1% to $31.92 billion, driven by successful film releases like "Wicked" and Peacock's 27.8% revenue increase.
Despite these gains, the company lost 139,000 broadband customers, partly due to hurricanes, and cable TV networks saw a 311,000 subscriber drop.
Comcast also announced a $15 billion share buyback program.
3 months ago
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