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00:03Comcast's Peacock streaming service reported its first quarterly profit as the World Cup
00:07and Love Island USA drew more subscribers, according to Reuters.
00:12Comcast reported second quarter adjusted earnings of 1.04 per share
00:16on revenue of $29.94 billion, beating estimates.
00:20The company also said Peacock posted its first quarterly profit,
00:24reporting $189 million in pre-tax income after adding 2 million paid subscribers,
00:30while revenue jumped 54% to $1.90 billion.
00:34Studio revenue rose 25% to $3 billion, supported by the films Obsession and the Super Mario Galaxy movie.
00:42Comcast's broadband business lost 167,000 customers during the quarter.
00:47Theme Park's revenue of $2.41 billion missed estimates,
00:51and adjusted EBITDA fell 5.1% as weaker Chinese travel weighed on its Asia parks.
00:56Shares were up 3% in Thursday's pre-market trading.
01:00For all things money, visit Benzinga.com.
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