Comcast thirs-quarter profit, revenue fall without Olympics boost

Features Reuters

Comcast Corp posted lower quarterly profit and revenue in the third quarter on Wednesday, without the boost from the London Summer Olympics a year ago.

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The top U.S. cable provider, which also owns NBC Universal, posted third-quarter net income of $1.73 billion, or 65 cents a share, compared with $2.11 billion, or 78 cents per share, a year ago.

Revenue fell 2.4 percent to $16.15 billion, below analysts' estimates of $16.26 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Liana B. Baker; Editing by Jeffrey Benkoe)