Comcast, the largest U.S. cable operator, reported a better-than-expected quarterly profit, helped by strong growth in high-speed Internet subscribers.
The company's shares rose 2 percent to $54.96 in premarket trading on Tuesday. The stock has gained 3.6 percent so far this year through Monday's close.
Net income attributable to Comcast rose to $1.99 billion, or 76 cents per share, in the second quarter ended June 30, from $1.73 billion, or 65 cents a share, a year earlier.
Excluding items, the company earned 75 cents per share, higher than the average analysts' estimate of 72 cents, according to Thomson Reuters I/B/E/S.