Comcast Corporation topped Wall Street earnings expectations for the fourth quarter of 2022, reporting adjusted earnings per share of 82 cents on revenue of 30.55 billion and net income of 3.02 billion on Thursday.
Peacock, which has surpassed 20 million subscribers, added 5 million net paid subscribers in the United States during the quarter, fueled by live sports and its recent films and originals, Comcast said. It marks the best quarterly result since the streaming service’s launch in 2020.
But Peacock posted a loss of 978 million in the fourth quarter, widening from a loss of 559 million in the prior year period, and revenue of 660 million, up from 335 million in revenue during the same period last year. Full-year Peacock revenue nearly tripled from 778 million to 2.1 billion.
Analysts expected the NBCUniversal parent’s adjusted Eps figure to come in at 77 cents, while revenue was expected to be 30.32 billion, according to a Refinitiv survey.
During the company’s earnings call,...
Peacock, which has surpassed 20 million subscribers, added 5 million net paid subscribers in the United States during the quarter, fueled by live sports and its recent films and originals, Comcast said. It marks the best quarterly result since the streaming service’s launch in 2020.
But Peacock posted a loss of 978 million in the fourth quarter, widening from a loss of 559 million in the prior year period, and revenue of 660 million, up from 335 million in revenue during the same period last year. Full-year Peacock revenue nearly tripled from 778 million to 2.1 billion.
Analysts expected the NBCUniversal parent’s adjusted Eps figure to come in at 77 cents, while revenue was expected to be 30.32 billion, according to a Refinitiv survey.
During the company’s earnings call,...
- 1/26/2023
- by Lucas Manfredi
- The Wrap
Similar News
68 Ending or Cancelled TV Shows for the 2023-24 Season
- 5/12/2024
- by TVSeriesFinale.com
- TVSeriesFinale.com
219 Ended or Cancelled TV Shows for the 2022-23 Season
- 5/12/2024
- by TVSeriesFinale.com
- TVSeriesFinale.com
GLAAD Media Award Winners Include ‘Red, White & Royal Blue’, ‘The Last Of Us’ & ‘Heartstopper’ – Update
- 5/12/2024
- by Tom Tapp
- Deadline Film + TV
When is the Chicago Fire season finale? Here are details about the pivotal episode
- 5/11/2024
- by Ryan DeVault
- Monsters and Critics
Elvis Never Let His Backing Band Get Comfortable
- 5/11/2024
- by Emma McKee
- Showbiz Cheat Sheet
‘Explosive’ secret list of abusers set to upstage women’s big week at Cannes film festival
- 5/11/2024
- by Vanessa Thorpe
- The Guardian - Film News
¡Tiempo, párate! Mira el primer avance de ‘Megalopolis’, del director Francis Ford Coppola.
- 5/9/2024
- by Marta Medina
- mundoCine
13 Best Underrated Superhero Shows You Shouldn’t Miss Out On
- 5/9/2024
- by Kulwant Singh
- Cinema Blind
Megalopolis: Adam Driver Stops Time In The First Clip From Francis Ford Coppola’s Ambitious New Drama
- 5/5/2024
- by James White
- Empire - Movies
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.