Cable giant Comcast Corp.’s net profit rose 26% in the fourth quarter, once again riding on the back of internet subscriber growth amid continued pay-TV customer losses. The Philadelphia company reported a profit of $3.16 billion for the fourth quarter, or 68 cents a share, meeting FactSet analysts’ estimates. This is up from $2.51 billion, or 55 cents a share, in the same period last year.

Source: Wall Street Journal January 23, 2020 12:03 UTC