NBCU Reports Higher Q4 Profit on Cable Gains

NBCUniversal reported higher profit in the fourth quarter, driven by a strong performance at its cable networks.Adjusted earnings before interest, taxes, depreciation and amortization were $1.9 billion, up 5.4% from a year ago, according to parent company Comcast, which reported a big gain in earnings from tax benefits and increased the dividend on its stock.

Source: NBCU Reports Higher Q4 Profit on Cable Gains

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