Comcast Reality Ahead of Fears

Comcast (CMCSA) reported an inline quarter with upside in the closely watched video and broadband subscriber metrics.  Consolidated revenues grew 4% and adjusted EBITDA was flat after taking into account $171mm in employee bonuses related to tax reform.  The cable business grew revenues 3% and adjusted EBITDA 4% as margins expanded. NBC Universal had 4% […]