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Comcast Slides Amid Largest Loss Of Cable Television Subscribers

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Comcast Slides Amid Largest Loss Of Cable Television Subscribers

Comcast, that faces tough competition from online streaming services like $NFLX, saw its profit grow in 3Q17 despite reporting the largest quarterly loss of 125,000 cable television subscribers. Net income rose to 18.5% to $2.65Bil or $0.55 per share, while revenue slipped 2% to $21Bil. http://alph.st/ba0f3f11