Peacock Q3 Loss Narrows to $436 Million as Paris Olympics Boost Subs to 36 Million

Internet și Telecomunicații

Comcast shares climbed over 5% in pre-market trading on Thursday after the media giant beat Wall Street expectations for its third quarter of 2024, with its quarterly results boosted by the 2024 Paris Olympics. Peacock posted a loss of $436 million during the quarter, narrowing from $565 million in the prior year period. But the streamer’s revenue grew 82% year over year to $1.5 billion, compared to $830 million a year ago, and it added 3 million paid subscribers during the quarter for a total

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