Seeking Alpha

Sochi Olympics boost results at Comcast

  • Comcast (CMCSA) beats estimates in Q1, paced by strong gains at NBCUniversal.
  • Revenue at NBCUniversal rose 29% Y/Y as the business benefited by the broadcast of the Sochi Olympics across NBC-affiliated networks. Double-digit growth was also delivered with Comcast's Cable Networks and Filmed Entertainment segments.
  • Revenue at the company's theme parks was up 5.4% to $487M during the period.
  • CMCSA +1.2% premarket
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