Comcast Earnings Reports

Comcast Corporation reported strong Q4 2024 results, with record revenue, EBITDA, and EPS. The company saw growth in connectivity revenue, driven by domestic broadband, domestic wireless, international connectivity and business services. Peacock's revenue increased significantly, and NBC Sports had its most-watched year since 2016. The company also announced an increase in its dividend and a new share repurchase program.

Comcast reported a 6.5% increase in revenue, driven by its convergence strategy and successful events like the Paris Olympics. Adjusted EPS increased by 3.3% to $1.12, and the company generated $3.4 billion in free cash flow. Connectivity & Platforms saw growth in revenue and Adjusted EBITDA margins, while Media benefited from the Olympics and increased Peacock subscribers.

Comcast reported a slight decrease in revenue for Q2 2024, but saw an increase in adjusted EPS. The connectivity and platforms sector showed growth, with a record-high adjusted EBITDA margin. Media also returned to adjusted EBITDA growth, driven by Peacock's improved performance. However, Studios and Theme Parks faced difficult comparisons to the previous year.

Comcast reported a 1.2% increase in revenue, reaching $30.058 billion, and a 13.9% increase in adjusted EPS to $1.04. The company generated $4.5 billion in free cash flow and returned $3.6 billion to shareholders through dividends and share repurchases. Peacock's paid subscribers increased by 55% to 34 million, contributing to a 54% increase in Peacock revenue.

Comcast's Q4 2023 results showcased strong financial performance with revenue increasing to $31.253 billion and adjusted EPS rising to $0.84. The company saw growth in its Connectivity & Platforms businesses, Theme Parks, and Studios, with Peacock's subscriber base growing significantly. Strategic investments in network expansion and upgrades, along with returning capital to shareholders, highlight Comcast's commitment to future growth and shareholder value.

Comcast Corporation reported a revenue increase of 0.9% to $30.115 billion for Q3 2023. Net income attributable to Comcast was $4.046 billion, a significant increase compared to the previous year's loss of $4.598 billion. Adjusted EPS increased by 12.5% to $1.08, and free cash flow was $4.032 billion. The company returned $4.7 billion to shareholders through dividends and share repurchases.

Comcast Corporation reported strong Q2 2023 results, with a 1.7% increase in revenue to $30.513 billion and a 25.1% increase in net income to $4.248 billion. Adjusted EPS grew by 11.9% to $1.13, and free cash flow reached $3.421 billion. The company saw growth in connectivity businesses, Theme Parks, and Studios, with Peacock paid subscribers nearly doubling year-over-year.

Comcast reported a decrease in revenue by 4.3% to $29.691 billion, primarily due to the absence of the Beijing Olympics and Super Bowl broadcasts from the previous year. However, net income attributable to Comcast increased by 8.0% to $3.834 billion, and adjusted EPS grew by 7.0% to $0.92. The company saw growth in high-margin connectivity businesses and a significant increase in Peacock subscribers, alongside record Adjusted EBITDA for theme parks.

Comcast reported a slight increase in revenue for Q4 2022, but experienced a decrease in net income and adjusted EBITDA. The company saw growth in broadband, wireless, and theme parks, while facing challenges in video and voice. Increased severance expenses impacted adjusted EBITDA. Comcast continued to invest in its network and streaming services, including Peacock, which saw subscriber growth.

Comcast Corporation reported a decrease in revenue by 1.5% to $29.8 billion. Net loss attributable to Comcast was $(4.6) billion, compared to net income of $4.0 billion in the prior year period. However, Adjusted EBITDA increased by 5.9% to $9.5 billion and Adjusted EPS increased by 10.3% to $0.96. The company generated $3.4 billion in free cash flow and returned $4.7 billion to shareholders through dividends and share repurchases.

Comcast Corporation reported strong second-quarter results with a 5.1% increase in revenue to $30.0 billion and a 20.2% increase in adjusted EPS to $1.01. The company saw growth in Cable, NBCUniversal, and Sky, with theme parks driving significant growth at NBCUniversal. Comcast returned $4.2 billion to shareholders through dividends and share repurchases and continues to invest in future growth.

Comcast Corporation reported a 14.0% increase in revenue to $31.01 billion for Q1 2022. Net income attributable to Comcast increased 6.6% to $3.549 billion, with adjusted EPS rising 13.2% to $0.86. The company generated $4.8 billion in free cash flow and returned $4.2 billion to shareholders through dividends and share repurchases.

Comcast Corporation reported a 9.5% increase in revenue to $30.3 billion for the fourth quarter of 2021. Adjusted EPS increased by 37.5% to $0.77. The company highlighted strong performance in its Cable Communications and Theme Parks segments, with significant growth in broadband and wireless customer additions.

Comcast Corporation reported strong Q3 2021 results with revenue increasing by 18.7% to $30.3 billion and adjusted EPS increasing by 33.8% to $0.87. The company saw growth in adjusted EBITDA across all its businesses, with significant contributions from Cable, NBCUniversal, and Sky. Comcast also returned $2.7 billion to shareholders through share repurchases and dividend payments.

Comcast Corporation reported excellent Q2 2021 results with a 20.4% increase in revenue to $28.5 billion and a 12.6% increase in Adjusted EBITDA to $8.9 billion. Cable Communications showed exceptional performance with record broadband and customer relationship net additions. NBCUniversal's Adjusted EBITDA increased by 12.5%, fueled by the recovery at Theme Parks. The company resumed its share repurchase program and returned $1.7 billion to shareholders through share repurchases and dividend payments.

Comcast Corporation reported a 2.2% increase in revenue to $27.2 billion for Q1 2021. Net income attributable to Comcast increased by 55.1% to $3.3 billion, with adjusted EPS rising by 7.0% to $0.76. Cable Communications saw record customer relationship net additions, and the company's theme parks reached breakeven, excluding Universal Beijing Resort pre-opening costs.

Comcast's Q4 2020 saw a slight decrease in revenue but an increase in net income. Cable Communications was a strong driver, with significant broadband customer additions and Adjusted EBITDA growth. Theme parks showed signs of recovery, and Sky returned to customer growth.

Comcast's Q3 2020 results showed a decrease in revenue and net income compared to the previous year, but the company experienced record growth in high-speed internet customers. The Cable Communications segment saw revenue growth, while NBCUniversal and Sky faced declines. Peacock, Comcast's streaming service, reached nearly 22 million sign-ups. The company is focused on broadband, aggregation, and streaming to drive long-term growth.

Comcast Corporation reported a decrease in revenue by 11.7% to $23.7 billion for the second quarter of 2020. Net income attributable to Comcast decreased by 4.4% to $3.0 billion, and adjusted EBITDA decreased by 9.1% to $7.9 billion. The company saw strong performance in its Cable Communications segment, driven by high-speed internet customer additions, and successfully launched Peacock, its new streaming service.

Comcast Corporation reported a slight decrease in revenue and a significant decrease in net income for the first quarter of 2020. Revenue decreased by 0.9% to $26.6 billion, while net income attributable to Comcast decreased by 39.6% to $2.1 billion. The company's results were affected by the impact of COVID-19, particularly on NBCUniversal and Sky.

Comcast Corporation reported strong Q4 2019 results, with a 2.0% increase in revenue to $28.4 billion and a 25.9% increase in net income to $3.2 billion. Adjusted EPS increased by 9.7% to $0.79. Cable Communications saw growth in high-speed internet and business services, while NBCUniversal's Broadcast Television also performed well.