Advanced Television

Comcast momentum

May 1, 2009

Comcast reported improving subscriber losses and nearly doubling its free cash flow for the quarter. Comcast said it lost 78,000 subscribers in the period – slightly worse than the 57,000 lost in the first quarter of 2008 but better than analyst consensus estimates of a 171,000 subscriber loss. Revenue rose 5.3% to $8.8 billion and operating cash flow rose 8% to $3.4 billion.

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