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The Boston Globe

Business

Market Movers

Comcast ends streak, gains subscribers

Comcast added 43,000 cable subscribers last quarter.

Associated Press

Comcast added 43,000 cable subscribers last quarter.

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Comcast Corp., the largest US cable company and the owner of NBCUniversal, reported a 26 percent increase in fourth-quarter profit after adding TV subscribers for the first time in more than six years. Net income rose to $1.91 billion, or 72 cents a share, from $1.52 billion, or 56 cents, a year ago. Comcast also increased its dividend by 15 percent to 90 cents a year and authorized an additional $7.5 billion in share repurchases, with $3 billion planned for this year. It added 43,000 television subscribers, ending 26 straight quarters of declines.

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