Boosted by broadband, Comcast's fourth-quarter profits rise despite pandemic headwinds

Comcast Corp. finished a challenging 2020 with $3.4 billion in fourth-quarter profits, an improvement of 6.9% from a year earlier despite headwinds from the pandemic. The Philadelphia cable and media giant reported strong subscriber gains in its broadband business Thursday, signing up 538,000 internet customers during the quarter. But the coronavirus continued to crush its theme parks and harm film studios, dragging down revenues at NBCUniversal. Comcast’s overall revenue during the quarter was $27.7 billion, down 2.4% from the same period in 2019. The company ended the year with $103.6 billio…

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