Tag: Brian L. Roberts

Comcast Corporation posted a modest gain in revenues in Q1 as it reported improved numbers at Peacock while seeing erosion in its base of pay-TV subscribers.

Net income at Comcast Corporation was up 7.8 percent in the fourth quarter to $3.3 billion on revenues that rose 2.3 percent to $31.25 billion.

Revenues at NBCUniversal in the fourth quarter rose by almost 6 percent to reach $9.9 billion, while parent company Comcast Corporation was stable at $30.6 billion, with a net income that slipped by 1.1 percent to $3 billion.

First-quarter revenues at NBCUniversal rose 46.6 percent to $10.3 billion, driven by ad gains from the company's coverage of the 2022 Beijing Olympics and the NFL Super Bowl.