Tags: earnings | Comcast | NBCUniversal | revenue

Fully-Owned NBCUniversal Boosts Comcast 2Q Results

Wednesday, 31 Jul 2013 07:21 AM

The decision by Comcast Corp., the country's largest cable company, to buy out General Electric in NBCUniversal looks like a smart one, as the media conglomerate posted strong results for the second quarter.

NBCUniversal posted a second-quarter revenue increase of 9 percent to $6 billion, well above analyst estimates.

As a whole, Comcast earned $1.73 billion, or 73 cents per share, in the April to June period. That's up from $1.35 billion, or 50 cents per share, in the same period a year earlier.

Overall revenue rose 7 percent to $16.3 billion from $15.2 billion.

Analysts polled by FactSet had expected earnings of 63 cents per share on revenue of $16 billion.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
1Like our page
2Share
Companies
The decision by Comcast Corp., the country's largest cable company, to buy out General Electric in NBCUniversal looks like a smart one, as the media conglomerate posted strong results for the second quarter.
earnings,Comcast,NBCUniversal,revenue
112
2013-21-31
Wednesday, 31 Jul 2013 07:21 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved