Comcast’s big ’Net gain

Cable giant Comcast continued to benefit from rising demand for highspeed Internet as customers work from home during the pandemic, helping it beat second-quarter earnings expectations.

The company added that entertainment division NBCUniversal, which includes Hollywood movie studio Universal Pictures, streaming service Peacock and Universal Studios theme parks, showed signs of a recovery after the pandemic squeezed those businesses.

Comcast posted quarterly net income of $3.74 billion, or 80 cents a share, up 25 percent from a year earlier. Adjusted EPS totaled 84 cents as revenue rose 20.4 percent to $28.55 billion.

Comcast CEO Brian Roberts attributed the growth to the fact that the firm gained 354,000 broadband customers.