---
title: "Comcast tumbles after Goldman conference flags broadband pressure"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298483867.md"
description: "Comcast shares fell ~8% after a Goldman Sachs conference highlighted broadband pressure, including accelerated fiber overbuild and softness in Orlando. CFO Jason Armstrong noted Q3 subscriber losses won't improve YoY, though full-year losses are expected to improve. Co-CEO Michael Cavanagh cited high gas prices and airfare as factors. Management paused share repurchases amid business separation plans but highlighted growth in wireless conversions and enterprise services."
datetime: "2026-09-09T16:31:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298483867.md)
  - [en](https://longbridge.com/en/news/298483867.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298483867.md)
generator: "portal-rs"
---

# Comcast tumbles after Goldman conference flags broadband pressure


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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**