Comcast quarterly profit rises

Second-quarter net profit rose to $944 million, or 33 cents a share, from $771 million, or 26 cents a share a year earlier.

Analysts had been expecting 25 cents a share, according to Reuters Estimates.

Revenue rose 3 percent to $8.80 billion, just shy of analysts view of $8.85 billion, according to Thomson Reuters I/B/E/S.

The Philadelphia-based company lost about 132,000 basic video subscribers during the quarter. But it added 361,000 high-speed Internet customers during the period, slightly less than it added a year earlier.

It added 375,000 digital phone subscribers.

(Reporting by Franklin Paul; Editing by Derek Caney)