Comcast's first-quarter revenue, profit rise

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.

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

(Reporting by Liana B. Baker; Editing by Lisa Von Ahn)