39.27 F
Springfield
February 28, 2024
Image default
Business

Comcast’s third-quarter profit doubled thanks to Tokyo Olympics and theme parks

Published by
The Philadelphia Inquirer

Comcast’s third-quarter profits doubled to $4 billion, boosted by broadcast revenues from the Tokyo Olympics and more customers returning to theme parks during the pandemic. Revenues at the NBCUniversal unit rose nearly 58% to $10 billion, including $1.8 billion from the Summer Games. The Universal Studios Orlando theme park reported its most profitable quarter, helping the parks segment increase revenue from $1.1 billion to $1.4 billion. The Philadelphia media giant’s cable business saw revenues rise despite slower customer growth. The company netted 255,000 cable customers, way down from the…

Read More

Related posts

Bentley to go all-electric by 2030

The_Proponent

Starbucks union drive spurred by barista burnout from mobile orders

The_Proponent

Dollar slips while Aussie and Norwegian crown outperform

The_Proponent

White House channels infrastructure funds to snarled ports

The_Proponent

Amazon workers in New York begin voting in union election

The_Proponent

Stocks move higher on retail boost

The_Proponent

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.