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Comcast Reports Third Quarter 2008 Results
Comcast Reports Third Quarter 2008 Results
* Consolidated Revenue Increased 10%; Pro Forma Growth of 7% * Consolidated Operating Cash Flow Increased 10%; Pro Forma Growth of 8% * Consolidated Operating Income Increased 20% * EPS of $0.26; Adjusted EPS of $0.24 Increased 33% * Free Cash Flow Increased 77% to $928 Million  ...
comcast corp. Resources
updates.zdnet.com — ZDNet Resources Comcast winning broadband scrum vs. telcos Comcast continues to add broadband Internet subscribers as telecom... giants like AT&T and Verizon trail. Comcast's third quarter earnings Wednesday tell the tale of a company weathering the ... (more) comcast corp. Resources
The New York Times Company Reports Preliminary Third-Quarter Results
phx.corporate-ir.net — The New York Times Company announced today a preliminary third-quarter loss per share from continuing operations of... $.01, including $.07 per share for severance costs, compared with $.10 earnings per share (EPS) in the third quarter last year, which ... (more) The New York Times Company Reports Preliminary ...
SAP Announces 2008 Third Quarter and Nine Month Results
sap.com — Third quarter 2008 U.S. GAAP software and software-related service revenues were €1.99 billion (2007: €1.74 billion), representing... an increase of 15% compared to the third quarter of 2007. Non-GAAP software and software-related service revenues, which ... (more) SAP Announces 2008 Third Quarter and Nine Month Results
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An Earnings Season Tale of Two ISPs [GigaOM]
GigaOM Network — Comcast, the largest cable provider in the U.S. reported earnings today as did Qwest, the No. 3 telco provider. Comcast watched its earnings rise by 33 percent. Qwest saw sales drop and announced it will layoff 1,200 people. Between these two earnings releases, there are large differences that show how bundles help boost communications ...

Earnings: Comcast Q3 Profits Climb 37.7 Percent; Revs Up 10 Percent, But Subs Drop Significantly
paidContent — ... ($0.18 a share).  Adjusted earnings per share grew 33 percent to $0.24, exceeding the average analyst forecast of 22 cents according to Reuters Estimates. Meanwhile, Q3 revenue was up 10 percent to $8.55 billion, just missing analysts' forecast of $8.59 billion. Still, Comcast did suffer some setbacks during the period. Basic video subscribers dropped by 147,000 to 24.4 million in Q3, a much deeper decline than the year-ago period's 56,000 fall.More to come Release | Webcast (8:30 AM) On October 29 at the ...

Comcast's Weak Q3 08 Earnings Report
IP Democracy — Top cable operator Comcast issued its Q3 08 earnings report this morning showing relatively healthy financial performance in the face of accelerating core video customer loss and slowing growth in digital telephony, high-speed data and digital video businesses. Total revenue grew 7% year-over-year, but only .4% sequentially, reaching $8.13 billion. Cash flow advanced 6.6% year-over-year, but dropped 3.3% sequentially, to reach $3.25 billion. Comcast continued to pump up its free cash flow (cash flow less capex), which rose 77% year-over-year, but dropped 20% sequentially, to $928 million. Despite the excess cash, Comcast may not complete its ...

Cockroaches and Comcast Will Inherit the Earth
Wired: Epicenter — There wasn't much evidence of a global financial crisis or an economic downturn in Comcast's third-quarter results. The company posted earnings of $771 million, or 26 cents per share, 4 cents  per share ahead of Wall Street's forecast for 22 cents per share. Comcast's profit shot up 38 percent from $560 million, or 18 cents per share, last year. If consumer spending has stalled, Comcast isn't feeling the effects yet. "I want to begin the call by stepping back and just commenting on the obviously unique and challenging economic time that we are all living through in the United States. Is cable a good business? Is Comcast ready? I think absolutely ...

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