Comcast earnings down 13% in 1Q

Comcast Corp. posted 14 percent revenue growth in the first quarter, but its net income fell 13 percent and it lost 57,000 cable-television customers.

Excluding one-time gains Comcast (NASDAQ:CMCSA,CMCSK) realized in the first quarters of this year and last, its net income grew 10 percent. The gains resulted from the break-up of partnerships through which Comcast co-owned cable-television systems with other companies.

The Philadelphia company said Thursday it earned $732 million, or 24 cents per fully diluted share, in the first quarter, down from $837 million, or 26 cents per share, in the first quarter of last year.