Comcast's Q3 2024 Earnings: Strong Growth & Expansion Plans

Comcasts Q3 2024 earnings show a 6.5% revenue increase to $32.1 billion, driven by the Paris Olympics. Excluding Olympics, revenue remained flat. Their six main growth engines grew 9% to nearly $18 billion. Connectivity and platforms held steady at $20.3 billion, with broadband revenue up 3% and wireless lines surging 20%. Business services grew 5%. Media revenue soared 37% to $8.2 billion, boosted by Olympics and Peacocks 3 million paid subs. Studios saw 12% revenue growth. Looking ahead, Epic Universe opens in 2025, networks expansion is planned, and $3.2 billion was returned to shareholders. Comcast is poised for sustained growth. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/979c545ccc4f59b6