Comcast Q4 Video Subscriber Gain Sends Stock Up

By | January 7, 2014

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Comcast (CMCSA) disclosed at a Citigroup conference that it had a net gain of video customers in Q4, the first time in 6.5 years it has not had a net quarterly loss of video subscribers, sending the cable firm’s stock rising. At a Citigroup conference in Las Vegas, Comcast CEO Brian Roberts didn’t say how many video subscribers Comcast added. He said Comcast “modestly” grew video subscribers in Q4. UBS analyst John Hodulik now estimates a gain of Scalper1 News

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