Comcast Q3: Universal Parks Down 4.4%, Soft Until Mid-2027
Comcast reported Q3 earnings on October 22, and the parks had little good news. Universal parks revenue fell 4.4%, and adjusted EBITDA fell 17%. CEO Mike Cavanagh said, “Competitors were quicker to anticipate and recognize softness in demand and adapt their marketing strategies.” Japan is still losing attendance as China…