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https://www.cnbc.com/2025/04/24/comcast-cmcsa-earnings-q1-2025.html

Comcast beats first-quarter earnings estimates despite losing broadband customers

Published Thu, Apr 24, 2025 - 6:30 AM EDT - Updated 2 Min Ago
by Lillian Rizzo@Lilliannnn

Key Points
  • Comcast reported first-quarter earnings Thursday morning.
  • The company beat analyst earnings estimates and saw revenue lifted primarily by its Xfinity mobile offering and streaming platform Peacock.
  • Despite broadband revenue growth, Comcast still showcased the pressures the cable industry is facing in the segment with the loss of 199,000 customers during the quarter.
 
https://www.cmcsa.com/static-files/7f0f826a-6462-426b-a767-cb3170d7cdf0

As far as travels the Theme Park sector for Comcast saw a 5.2% drop in revenue for Jan-Mar and a 32% drop in profit for the global Universal Parks vs Q1 2024

Cited lower guest attendance including reduced attendance due to the CA wildfires

About $100M in EBITDA was opening costs for Epic
Even accounting for $100m in EPIC costs this is a poor quarterly report for Comcast Theme Parks.

Ignoring any Covid era reports and we ignore the $100m in EPIC costs, they reported lowest quarterly EBITDA margin going back to at least 2012 (possibly ever).
 












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