Comcast's Q1 strong as business and high-speed Internet services offset cord cutting

ZDNet 

Comcast continued to shed video customers in the first quarter, but is more than offsetting the slide with high-speed Internet and business services. In the first quarter, Comcast reported net income of $3.12 billion, or 66 cents a share, on revenue of $22.79 billion, up 10.7 percent from a year ago. Excluding items, Comcast reported earnings of 62 cents a share in the first quarter. Wall Street was expecting Comcast to report first quarter earnings of 59 cents a share on revenue of $22.75 billion. There are multiple moving parts in Comcast, but Comcast Business is growing the fastest.