THE BOTTOM LINE
79 cents Comcast, which dropped its bid to buy Time Warner Cable on April 24, reported first-quarter profit that beat analysts’ estimates after signing up more Internet customers. Earnings were 79 cents a share, excluding some items, Philadelphia-based Comcast said. Analysts had projected 74 cents, the average of predictions compiled by Bloomberg. In a sign of how business is changing, the number of Web subscribers — more than 22 million — surpassed cable-TV customers for the first time.