Comcast CFO Doesn't Expect Broadband Subscriber Losses to Improve This Quarter
MT Newswires Live
16 hours ago
Comcast (CMCSA) Chief Financial Officer Jason Armstrong said Wednesday at a conference that he doesn't expect broadband subscriber losses to improve this quarter on a year-over-year basis.
"We do think, you know, full year we'll improve our broadband subscriber losses," Armstrong said, according to a transcript. "I think quarters are going to look different within that. This particular quarter, I don't think it will improve year over year."
Shares of Comcast were down more than 7% in Wednesday trading.
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