Comcast’s Q4 Exceeds Views; Broadband Up

By | February 3, 2010

Comcast on Wednesday reported fourth-quarter results that beat views, but the U.S. cable TV leader lost 200,000 video customers in the period. Excluding a one-time tax gain, Comcast (CMCSA) said it earned 29 cents a share compared with 14 cents a year ago and topping analyst forecasts by 2 cents. Lower capital spending and lower interest expense on debt boosted profits, Comcast said. Revenue rose 2.9% to $9.1 billion. Analysts polled by Thomson

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Comcast’s Q4 Exceeds Views; Broadband Up