Categories AlphaGraphs, Earnings, Technology
CMCSA Earnings: Comcast reports higher revenue and profit for Q4 2023
Telecom company Comcast Corp. (NASDAQ: CMCSA) reported a modest increase in adjusted earnings and revenues for the fourth quarter of 2023.
Revenues rose 2% annually to $31.3 billion in the December quarter. Revenues of the Connectivity & Platforms segment moved up 1%, while Content & Experiences revenue increased 6%.
Adjusted earnings advanced 2% year-over-year to $0.84 per share during the three months. Net income was $3.26 billion or $0.81 per share, compared to $3.02 billion or $0.70 per share in the prior-year quarter.
“Our unique and complementary capabilities will enable us to capitalize on the many opportunities ahead, and the Board’s confidence in our future is reflected in today’s announcement that we are increasing our dividend for the 16th consecutive year,” said Brian Roberts, Comcast’s CEO.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
NFLX Earnings: Netflix Q1 2025 revenue and profit beat estimates
Netflix, Inc. (NASDAQ: NFLX) on Thursday reported stronger-than-expected revenue and earnings for the first quarter of 2025, as its subscriber base continued to expand. Both revenue and the bottom line
Another tough quarter in the cards as Intel prepares for Q1 2025 earnings
Intel Corporation (NASDAQ: INTC) has been facing intense competition from rivals Nvidia in AI chips and AMD in CPUs, lately. The Semiconductor giant issued weak guidance after reporting lower revenues
What to expect when American Airlines (AAL) reports Q1 2025 earnings results
Shares of American Airlines Group (NASDAQ: AAL) stayed red on Thursday. The stock has dropped 48% over the past three months. The airline is slated to report its earnings results
