75°

Topics

Fast and Furious (movie series)
Comcast profit jumps 15%, fueled by Internet service growth
Comcast profit jumps 15%, fueled by Internet service growth

Comcast Corp.'s second-quarter profit increased 15% as more customers signed up for its high-speed Internet and phone service. The Philadelphia cable giant generated net income of $1.99 billion, or 76 cents a share, compared to $1.73 billion, or 65 cents in the year-earlier period. Revenue grew nearly 3.5% to $16.84 billion. NBCUniversal posted a strong quarter, buoyed by ratings gains at the NBC broadcast network, revenue growth at its cable networks, including USA and Bravo, and increased attendance at its theme parks in Orlando, Fla., and Los Angeles. However, Los Angeles-based film studio Universal Pictures turned in softer results due to a thinner film slate that produced...

Loading