Comcast First-Quarter Profit More Than Quadruples

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Comcast Corp., the nation’s largest cable television company, said Thursday its profit more than quadrupled in the first quarter as more customers signed up for its premium cable and Internet services.


Comcast reported net income of $313 million (14 cents a share), compared to $65 million (3 cents) for the like period a year earlier. Revenue rose to $5.4 billion from $4.9 billion in the year-ago period.


Analysts surveyed by Thomson First Call had predicted earnings of 11 cents a share.


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