Comcast Warns COVID-19 To Have Adverse Impact On Near-to-medium Term Results

While reporting its first-quarter financial results on Thursday, Comcast Corp. (CMCSA, CMCSK) said that while its Cable Communications results were strong in the first quarter of 2020, it will be negatively affected in the second quarter by the significant deterioration in domestic economic conditions and by the costs associated with the company's support of customer connectivity as the population increasingly works and learns remotely from home.

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