Comcast Corp - CMCSA STOCK NEWS

Comcast (Nasdaq: CMCSA) will participate in the MoffettNathanson Investor Conference on May 14, 2024. Brian L. Roberts, Chairman and CEO, will represent the company. The event will be webcast live on the Investor Relations website. Investors can access financial news via e-mail alerts.

Comcast celebrates Global Volunteer Month by highlighting the impact of their national volunteer program, Team UP, and their partnership with Easterseals. Comcast technologists modified toys for children with disabilities in Denver, Washington, D.C., and Philadelphia. Easterseals representatives praised Comcast's support, emphasizing equity, access, and inclusion for people with disabilities. Comcast focuses on disability inclusion to create enjoyable experiences for all. Team UP's 2023 impact included 12K+ employees engaged, 50K volunteer hours, 6K organizations impacted, and $6M in donations. Comcast also celebrated partnerships with FIRST Robotics teams, hosted the BENgineers conference, engaged with STEM students, and highlighted diversity in technology with Reboot Representation. The company is dedicated to training the next generation of engineers and empowering employees to make a positive impact in their communities.

Comcast announces new initiatives for National Military Appreciation Month, including the epic ad campaign 'The Aviators' honoring airmen, a new Xfinity Military discount program, and a $1 million commitment to military-serving nonprofits in 2024. Led by Oscar winner Kathryn Bigelow, 'The Aviators' campaign reunites real Vietnam veterans and highlights Xfinity's network power. The Xfinity Military offer provides over $700 in savings, including a $180 Visa Gift Card, free Xfinity Mobile line, and exclusive rewards. Comcast invests in nonprofits like NPower, Wounded Warrior Project, Our Community Salutes, Hesperus, and United Service Organizations, supporting digital equity and military community programs.

Comcast remains dedicated to closing the digital divide through various initiatives like the Affordable Connectivity Program (ACP) and Internet Essentials. More than 23 million households, including military families, have benefited from the ACP. Comcast is urging Congress and the White House to extend the ACP to ensure continued connectivity for Americans. Comcast offers various initiatives like ACP credits, Internet Essentials, Internet Essentials+, Xfinity Mobile Savings, NOW WiFi Pass, Lift Zones, and Internet Essentials Partnership Program to help bridge the digital gap and keep people connected.

Comcast (NASDAQ: CMCSA) reported strong 1st Quarter 2024 results with double-digit growth in Adjusted EPS and free cash flow. Revenue increased by 1.2%, net income was up by 0.6%, and Adjusted EBITDA margin improved. The company returned $3.6 billion to shareholders and experienced growth in broadband ARPU. Peacock remains a fast-growing domestic streamer with revenue and subscriber increases.

Comcast introduces WiFi Boost, providing gig speeds to Xfinity Mobile and Comcast Business Mobile customers on millions of WiFi hotspots. With 90% of mobile data traffic on Xfinity Mobile devices traveling over WiFi, customers can now enjoy faster speeds for streaming, gaming, and more. The WiFi Boost upgrade is powered by Comcast's fiber-based network, offering reliable connectivity, advanced cybersecurity protection, and access to streaming content. Xfinity Mobile also offers unlimited data plans for Xfinity Internet customers, with savings for adding more lines and free international calling and texting features.

Comcast Business has expanded its cybersecurity portfolio with the launch of its Managed Detection and Response (MDR) solution. The MDR service combines advanced security analytics and a Security Operations Center to help medium and large enterprises detect, analyze, and mitigate cyber threats. It offers 24/7 monitoring, advanced threat detection using AI and machine learning, expertise from a Security Operations Center, fast incident response, and compliance reporting.

Comcast RISE announces grants for 500 small businesses in five regions, offering coaching, education resources, $5,000 grants, creative production, media schedules, and technology makeovers. The program aims to support economic growth, diversity, equity, and inclusion. Comcast has awarded over $125 million to 13,500 small businesses. Applications open on May 1 for businesses in Atlanta, Houston, Jacksonville, Richmond, VA, and southern Colorado. Grant packages include coaching sessions, education resources, monetary grants, creative production, and technology makeovers. Comcast RISE is part of Project UP, a $1 billion commitment to digital equity.

Comcast NBCUniversal has been named one of the Top 10 Companies to Work for in the U.S. by Fortune Media and Great Place To Work(R) for the second consecutive year. This recognition highlights the company's commitment to creating a positive work environment for its employees.