According to Reuters, Comcast Corp. Monday swung to a third-quarter profit Monday.
helped by subscriber growth at its cable operations and improvements at its QVC
Comcast, which is seeking regulatory approval to buy AT&T Broadband,
posted a net profit of $75.6 million compared with a year-ago loss of $106.8
The company announced in a press release that revenues rose 12.7 percent to
$2.71 billion from $2.4 billion.
Operating cash flow per share reportedly rose 18 percent to $825.8 million
from $700.6 million.
The company said it added 169,800 high-speed Internet subscribers during the
quarter to end with 1.3 million.
QVC revenues rose 13 percent, while cash flow rose 20.6