On May 22, 2017, Comcast (CMCSA) stock closed at $39.47. The company’s stock price has risen 3.4% in the past one-month period and 14.3% year-to-date.
On May 19, 2017, Comcast (CMCSA) stock was trading at $38.85, 0.4% below its 20-day moving average of $39.00.
In 1Q17, Comcast’s capex was $2.1 billion, up 10.2% year-over-year.
Comcast states that although it supported net neutrality, it didn’t favor its classification under Title II of the Communications Act.
Comcast stated that it expects that by the end of 2017, that DOCSIS 3.1 technology would be deployed across 65% of its footprint.
Comcast expects the launch of its wireless business to impact the 2017 OCF of its Corporate and Other segment by $200 million–$300 million.
In April 2017, Amazon paid $50 million to the NFL and won the rights to stream ten Thursday Night Football games.
In 1Q17, Comcast added 42,000 video customers. In contrast, Dish Network lost 143,000 pay-TV subscribers in 1Q17.
Advertising comprised 58% of Comcast’s NBC’s Broadcast television’s total revenues of $2.2 billion, with $1.3 billion in advertising revenues in 1Q17.
Comcast stated during its 1Q17 earnings call that its Xfinity Home service currently has around 1 million customers.
NBCUniversal’s Cable Networks’ adjusted EBITDA had risen ~17% year-over-year to $1.1 billion in 1Q17.
Comcast’s (CMCSA) Business Services segment had revenues of $1.5 billion in 1Q17, up 13.6% year-over-year.
In 1Q17, Comcast’s (CMCSA) High-Speed Internet and Video businesses had their lowest churn rates in the past ten years.
According to research firm MoffettNathanson, pay-TV providers in the United States (SPY) lost 762,000 subscribers in 1Q17, five times more than in 1Q16.
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