Comcast said first-quarter net income fell 12.5% as revenue from its bedrock cable business dipped and ad revenue from its NBCUniversal revenue networks fell. The Philadelphia owner of NBC, Peacock and the Universal movie studio said overall revenue fell slightly to $29.

Gains in the company's studio business and Peacock offset slight broadband subscriber declines during the first three months of the year. This article, Comcast logs $29.9 billion in Q1 revenue, was first published at The Desk.

Comcast CMCSA reported first-quarter 2025 adjusted earnings of $1.09 per share, which beat the Zacks Consensus Estimate by 11.22% and increased 4.8% year over year. Consolidated revenues decreased 0.6% year over year to $29.