Comcast Tops Profit Forecasts but Broadband Subscr…
From Financial Modeling Prep: 2025-04-24 17:02:00
Comcast (NASDAQ:CMCSA) exceeded earnings and cash flow expectations in Q1 2025, reporting $1.09 EPS, $29.89B revenue, $8.29B operating cash flow, and $5.42B free cash flow. However, a sharp decline of 199,000 broadband subscribers, higher than expected, caused the stock to drop over 3%.
The company’s adjusted EBITDA rose to $9.53B, beating projections, but negative investor sentiment stemmed from the loss of 199,000 broadband customers, raising concerns about market saturation and competition from fiber and wireless alternatives. Comcast also lost 427,000 video subscribers, while adding 323,000 wireless lines, surpassing expectations.
Despite strong financial results, Comcast’s stock fell over 3% due to a larger-than-expected loss of 199,000 broadband subscribers in Q1 2025. The company reported $1.09 EPS, $29.89B revenue, $8.29B operating cash flow, and $5.42B free cash flow, outperforming projections. Video subscriber losses and competitive pressures contributed to the decline.
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