Comcast (CMCSA) shares are up 7% in premarket trading after the cable giant beat the Street on sales and profits.
Most impressive: Broadband growth beat some analysts’ expectations despite much stronger competition from phone companies like Verizon (VZ) and AT&T (T). Specifically, Comcast added 329,000 net new broadband subscribers, beating Goldman Sachs’ estimated 250,000. But digital cable growth and phone subscriber growth fell slightly short of Goldman’s estimates.
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