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Comcast Q2 Revs in Line; EPS Misses, but Stock Rising

in News on July 30, 2008 at 7:14 am PT

Comcast (CMCSA) this morning posted Q2 revenue of $8.55 billion and adjusted EPS of 21 cents a share. The Street had expected $8.54 billion and 23 cents. The company said basic cable subs fell 138,000 in the quarter, but digital subs increased by 320,000. The company added 278,000 high-speed Internet customers, reaching 29 percent penetration of homes passed.