Comcast's Q1 Revenue, Profit Rise

  on April 22 2014 7:59 AM
Comcast Feb 2014
A Comcast sign is shown on the side of a vehicle in San Francisco, California February, 2014. Reuters

(Reuters) - Comcast Corp posted higher first-quarter revenue and net income on Tuesday as the largest U.S. cable operator gained video subscribers for the second quarter in a row.

Comcast reported net income of $1.87 billion, or 71 cents per share, compared with $1.44 billion, or 54 cents a share, a year earlier.

Revenue rose 14 percent to $17.41 billion from $15.31 billion. Analysts on average expecting $17.04 billion.

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