Comcast quarterly revenue tops estimates despite slowdown in cable business - NewsBreak
By Merima in Business
Updated 2 years ago
Oct 28 (Reuters) - Comcast Corp's (CMCSA.O) third-quarter revenue beat Wall Street expectations on Thursday, despite a slowdown in cable subscriber growth after a spike in demand earlier in the pandemic. Total revenue rose 18.7% to $30.3 billion in the quarter, beating analysts' average estimate of $29.87 billion, according to...