Comcast 1st-qtr. earnings up

NEW YORK — Comcast Corp. reported 10.9% higher earnings before interest, taxes, depreciation and amortization, to $333.7 million for the first quarter compared with first-quarter ’96, on 10.8% more revenue of $1.13 billion, helped by growth in cable, cellular telephony and the majority-owned QVC home shopping network.

But Comcast’s net loss rose sharply to $64.7 million from $34.6 million a year earlier, partly due to Comcast’s share of losses from the Sprint PCS wireless telephone partnership.

Comcast said its cable cash flow rose 6.3% to $230.3 million, on 9.6% higher revenue of $501.1 million, helped by a 2.2% rise in customers. QVC’s cash flow rose 9.3% to $79.1 million.

More Scene

  • NYWIFT MUSE Awards

    Judith Light Praises Current 'Truth-Telling,' 'Courage' in Hollywood at New York Women in Film & Television Event

    NEW YORK — Comcast Corp. reported 10.9% higher earnings before interest, taxes, depreciation and amortization, to $333.7 million for the first quarter compared with first-quarter ’96, on 10.8% more revenue of $1.13 billion, helped by growth in cable, cellular telephony and the majority-owned QVC home shopping network. But Comcast’s net loss rose sharply to $64.7 […]

  • Palm Springs Where to eat Drink

    Palm Springs Hotter Than Ever: Places to Eat, Drink, Stay

    NEW YORK — Comcast Corp. reported 10.9% higher earnings before interest, taxes, depreciation and amortization, to $333.7 million for the first quarter compared with first-quarter ’96, on 10.8% more revenue of $1.13 billion, helped by growth in cable, cellular telephony and the majority-owned QVC home shopping network. But Comcast’s net loss rose sharply to $64.7 […]

  • 2017 Ripple of Hope Awards

    Why Alfre Woodard Thinks 'Everybody Gets Left Out' of Film Awards Race

    NEW YORK — Comcast Corp. reported 10.9% higher earnings before interest, taxes, depreciation and amortization, to $333.7 million for the first quarter compared with first-quarter ’96, on 10.8% more revenue of $1.13 billion, helped by growth in cable, cellular telephony and the majority-owned QVC home shopping network. But Comcast’s net loss rose sharply to $64.7 […]

  • 'Father Figures' film premiere

    'Father Figures' Premiere Raises Funds for Southern California Wildfire Victims

    NEW YORK — Comcast Corp. reported 10.9% higher earnings before interest, taxes, depreciation and amortization, to $333.7 million for the first quarter compared with first-quarter ’96, on 10.8% more revenue of $1.13 billion, helped by growth in cable, cellular telephony and the majority-owned QVC home shopping network. But Comcast’s net loss rose sharply to $64.7 […]

  • 'Grown-ish' TV show premiere

    A Meme Inspired 'Black-ish' Spinoff 'Grown-ish,' Creator Kenya Barris Says

    NEW YORK — Comcast Corp. reported 10.9% higher earnings before interest, taxes, depreciation and amortization, to $333.7 million for the first quarter compared with first-quarter ’96, on 10.8% more revenue of $1.13 billion, helped by growth in cable, cellular telephony and the majority-owned QVC home shopping network. But Comcast’s net loss rose sharply to $64.7 […]

  • 'Bright' film premiere

    Will Smith Discusses 'Bright's' Racial, Social, Allegorical Undertones

    NEW YORK — Comcast Corp. reported 10.9% higher earnings before interest, taxes, depreciation and amortization, to $333.7 million for the first quarter compared with first-quarter ’96, on 10.8% more revenue of $1.13 billion, helped by growth in cable, cellular telephony and the majority-owned QVC home shopping network. But Comcast’s net loss rose sharply to $64.7 […]

More From Our Brands

Access exclusive content