TITLE

Comcast Posts Profit Gain, Mollifies Holders

AUTHOR(S)
Lafayette, Jon
PUB. DATE
February 2008
SOURCE
Television Week;2/182008, Vol. 27 Issue 6, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Comcast to turn over some of the money it takes in from subscribers to its shareholders by giving them a dividend and buying back stock. The cable company also on February 14, 2008 announced a 54 percent increase in net income during the first quarter on a 14 percent increase in revenue. Comcast said it expects revenue and cash flow to rise eight percent to ten percent in 2008, and for capital expenditures to decline as a percentage of revenue.
ACCESSION #
31321166

 

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