Charter recently surpassed Comcast as the No.
The company cited the negative impact of the end of the Federal Communications Commissions Affordable Connectivity Program.
The Studios unit had a strong quarter thanks to the release ofDespicable Me 4during the period.
ComcastMichael Siluk/Education Images/Universal Images Group via Getty Images
Revenue climbed 12% to $2.8 billion, while adjusted EBITDA rose 9% to $468 million.
Theme parks were perhaps the main blemish on Comcasts quarterly report.
Revenue slumped 5% to $2.3 billion and adjusted EBITDA fell 14% to $847 million.
More positive news for the parks unit is on the horizon, though.
During the quarter, Comcast announced that Universal Epic Universe will open in May 2025.
