Comcast rises after Peacock streaming service posts first ever profit - CMCSA News | RalliesComcast rises after Peacock streaming service posts first ever profit
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CMCSA• Comcast gains after Peacock turns profitable
- Shares of media and telecommunications company Comcast CMCSA.O gain 2.8% to $24.17 premarket
- Comcast's Peacock posts first-ever quarterly pre-tax profit of $189 mln
- Peacock adds 2 mln paid subscribers in Q2, nearly four times analyst estimates - Visible Alpha data
- Q2 revenue $29.94 bln and adj. EPS $1.04 beat estimates of $29.30 bln and 97 cents, respectively - data compiled by LSEG
- Up to last close, stock down 16% YTD
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