Comcast Stock Rises As Earnings Beat, Broadband Growth Continues

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Comcast ( CMCSA ) on Thursday reported third-quarter adjusted profit and revenue that topped views and added more broadband customers than a year earlier, though video subscriber losses continued.XAdjusted Comcast earnings rose 27% vs. a year earlier to 65 cents a share, with revenue rising 5% to $22.135 billion.Shares in the nations biggest cable TV firm and owner of NBCUniversal surged 5.3% to 35.92 just after the opening bell on the stock market today ."Broadband adds were the highest we have on record for a third quarter," New Street Research analyst Jonathan Chaplin said in a note to clients.Comcast in September beat out Walt Disney ( DIS ) and 21st Century Fox ( FOXA ) to acquire British satellite TV broadcaster Sky.

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