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Comcast posts double-digit growth in Q1 after Sky takeover, cable growth

2019-04-25 14:10:00| Telecompaper Headlines

(Telecompaper) Comcast reported double-digit growth in first-quarter results, driven by its takeover of European pay-TV provider Sky. Revenues were up 17.9 percent to USD 26.86 billion, and adjusted EBITDA increased 18.1 percent to USD 8.55 billion. Net earnings increased 16.7 percent to USD 0.77 per share, and free cash flow reached USD 4.6 billion, up from USD 3.1 billion a year earlier.

Tags: posts growth cable sky

Category:Telecommunications

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