July 22 Comcast Corp, the largest U.S.
cable operator, reported quarterly revenue that fell below
analysts' estimates, mainly due to higher-than-expected video
Net income attributable to Comcast rose to $1.99 billion, or
76 cents per share, in the second quarter ended June 30, from
$1.73 billion, or 65 cents a share, a year earlier.
Revenue rose 3.5 percent to $16.84 billion. Analysts on
average expected $16.95 billion, according to Thomson Reuters
The company reported a net loss of 144,000 video subscribers
in quarter. Analysts expected a loss of 123,000, according to
market research firm StreetAccount.
(Reporting by Soham Chatterjee; Editing by Savio D'Souza)