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-0.000123880726766873 0.00147787533686875 -4.34669216725058E-05 0.00343388681213599 0.00330783273928542 0.00299921759541001 0.00158654264105017 0.00299921759541001
Stock impact report

Comcast beats revenue, earnings expectations as broadband losses improve [CNBC]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: CNBC
The company said it added another record number of mobile customers during the quarter and said broadband losses improved year-over-year to 65,000. Comcast will hold a call with investors at 8:30 a.m. ET on Thursday. In this article Comcast topped Wall Street's revenue and earnings estimates for the first quarter on Thursday, lifted by NBC's sports slate in February and improving broadband customer losses. The company said it lost 65,000 broadband customers compared with 183,000 losses in the same period last year. Heightened competition from wireless providers like Verizon and T-Mobile has led to quarterly customer losses for Comcast and its cable peers in recent years – which has weighed on these companies' stocks in particular. In response, Comcast in the last year has shifted its strategy and introduced more competitive pricing packages in a bid to reduce the broadband losses. The company has also leaned on its mobile business for growth, which added 435,000 new lines d Show less Read more
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