Comcast Corp., the country’s largest cable TV company that owns WVIT-TV Channel 30 in West Hartford as has operations and customers in Connecticut, posted higher second-quarter revenues and profits, The Associated Press reports.
The Philadelphia-based company reported Wednesday that its net income of $1.02 billion, or 37 cents per share, for the April to June period, up 16 percent from $884 million, or 31 cents per share, a year ago.
Excluding a tax adjustment and costs related to the NBC deal, which closed in January, earnings came to 42 cents per share, beating the 41 cents average expected by analysts polled by FactSet.
Revenue rose 51 percent to $14.3 billion. Analysts were expecting $13.7 billion. Revenue from last year’s quarter didn’t include NBC Universal.
