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    Home » Comcast tops profit estimate as it adds broadband customers

    Comcast tops profit estimate as it adds broadband customers

    By SHOOTThursday, July 25, 2019Updated:Tuesday, May 14, 2024No Comments3497 Views
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    This Jan. 24, 2019, file photo shows a Comcast truck in Pittsburgh. Comcast Corp. continued to add internet customers while dropping video subscribers in the second quarter. The company’s profit slipped but a key earnings measure topped Wall Street expectations. Shares were flat in morning trading Thursday, July 25. (AP Photo/Gene J. Puskar, File)

    By Tali Arbel, Technology Writer

    NEW YORK (AP) --

    Comcast Corp. continued to add internet customers while dropping video subscribers in the second quarter. The company's profit slipped but a key earnings measure topped Wall Street expectations. Shares were flat in morning trading Thursday.

    The Philadelphia-based cable company said Thursday that it added 209,000 broadband customers and lost 224,000 video ones as people continued "cutting the cord," a yearslong industry trend. Revenue in its cable division rose thanks to the gain in internet customers. Comcast also raised prices.

    The company is launching its own streaming service next year amid a flood of new competitors from Disney, Apple and AT&T as traditional TV customers shrink and ratings fall. It is pulling "The Office" from Netflix to support its own service.

    In its NBCUniversal division, which includes the NBC broadcast network, cable networks like Bravo and MSNBC, theme parks and film studios, revenue slipped, pulled down by a 15% drop in its movie division. Last year's quarter included the hit "Jurassic World: Fallen Kingdom," which pumped up the box-office take.

    Comcast also owns Sky, a European broadcaster, whose revenue fell 3.3%.

    Overall, the company's net income fell 2.8% to $3.13 billion, or 68 cents per share. Adjusted for one-time items, earnings were 78 cents per share, topping Wall Street expectations by 3 cents, according to Zacks Investment Research.

    Revenue rose 24% to $26.86 billion in the period, missing Wall Street's forecast of $27.19 billion.

    Comcast shares were flat in morning trading Thursday. They had increased 32% since the beginning of the year, while the S&P 500 index has risen 20%.

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    Tags:Comcast



    As the world rediscovers “The Odyssey,” disabled actors in Greece explore the pain of war

    Sunday, August 9, 2026
    From left to right, Eirini Kourouvani, a wheelchair dancer, Evi Saoulidou and Lydia Fotopoulou perform during a dress rehearsal of Euripides' tragedy The Trojan Women, staged by the National Theatre of Greece, at the Ancient Theater of Epidaurus, Greece, on Thursday, July 30, 2026. (AP Photo/Petros Giannakouris)

    As Christopher Nolan's "The Odyssey" renews global fascination with Homer, a cast of disabled and non-disabled performers in Greece is staging the war's other story.

    It's not about the triumph of returning heroes, but the suffering they left behind.

    "The Trojan Women," with a cast of 22, was staged at Epidaurus, the ancient open-air stone arena in southern Greece. It marked what organizers called the first fully accessible performance in the ancient theater's 2,300-year history.

    While Homer followed warriors sailing home from Troy, the playwright Euripides — writing some three centuries later — turned to the city's ruins and its women, forced into exile and enslavement.

    The ancient theater offered a full range of accessibility services for the Aug. 2 performance. Blind audience members received Braille programs, tactile models and live audio description, while deaf spectators followed overhead titles. Physical adaptations also improved access throughout the site.

    "It's the first time a performance at Ancient Epidaurus has been made accessible to everyone," said Greg Polychronidis, a Paralympic gold medalist who attended the event. "Today was a celebration of equality and it should serve as an example for everyone, forever."

    For many of the performers, standing on the ancient stage was itself part of the message: a voice for those often overlooked. Eirini Kourouvani, a 58-year-old cast member who uses a wheelchair, had never set foot inside the theater before.

    "It is just grand," she said. "I feel my heart opening up as wide as this theater is."

    Ioanna-Maria Gertsou, a blind psychologist, attended with Babu, her guide dog.

    "We too have the right to attend performances on an equal footing," she said,... Read More

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