The news: Comcast posted strong Q3 results for 2024, with notable revenue growth from NBCUniversal’s Peacock streamer and the Olympics. Overall revenues and adjusted EBITDA were stable compared with last year.
By the numbers:
- Revenues: $32.07 billion, up 6.5% YoY.
- Peacock revenues: Jumped 82% YoY to $1.5 billion, with paid subscribers growing to 36 million, up from 33 million in Q2. That 82% growth well outpaces Q2’s 28%.