Comcast Profits Rise Even as Revenue and Broadband Growth Slow, Peacock Losses Mount

Comcast exceeded expectations for Q1 earnings and revenue but revenue fell due to comparisons with strong quarters last year that included major events
Comcast added few new broadband subscribers and continued to lose cable subscriptions
Peacock streaming service subscribers grew 60% but the service had $704 million in losses
Comcast's stock price rose following the earnings report despite Peacock's increasing unprofitability
Comcast's report did not mention the recent departure of NBCUniversal CEO Jeff Shell