Comcast Q3 Growth Aided by Customer Addons, NBCUniversal-US News | The Epoch Times

Comcast Corp. reported third-quarter FY21 revenue growth of 18.7% year-on-year to $30.3 billion, beating the consensus of $29.87 billion. Revenue for Cable Communications rose 7.4 percent Y/Y to $16.12 billion, driven by increases in broadband, advertising, wireless, business services, video, and other revenue, partially offset by a decrease in voice revenue. Customer Relationships increased by 255,000 to 34 million. Broadband customer net additions were 300,000. It added 285,000 wireless lines. Revenue for NBCUniversal increased 57.9 percent Y/Y to $10 billion, Media increased 47.5 percent Y/Y to $6.8 billion, reflecting higher advertising revenue, Studios increased 26.8 percent Y/Y to $2.4 billion, primarily reflecting higher theatrical revenue. Theme Parks’ revenue increased from $1.1 billion to $1.4 billion, reflecting improved operating conditions. Revenue for Sky increased 4.1 percent Y/Y to $4.988 billion. Total Customer Relationships decreased by 233,000 to 23 million. The EPS of $0.87 beat the consensus of $0.75. Adjusted EBITDA margin of …

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Review of Chinese-Leased Port of Darwin Complete: Australian Defence Departmenton October 29, 2021 at 5:38 am

Fri Oct 29 , 2021
The Australian Defence Department has completed its assessment of the controversial Chinese-leased Port of Darwin, signalling an impending decision from the federal government on whether to scrap the deal. Peter Tesch, deputy secretary of strategy and policy at the Department of Defence (DOD), said the review, which the national security […]

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