Comcast Q1 2022 Earnings Report
Key Takeaways
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.
Consolidated Adjusted EBITDA increased 8.8% to $9.2 billion, and Adjusted EPS increased 13.2% to $0.86.
Cable Communications added 194,000 total customer relationships and 262,000 total broadband customers.
NBCUniversal's revenue increased 46.6%, driven by the Beijing Olympics and the Super Bowl, with Theme Parks Adjusted EBITDA increasing significantly.
Sky's Adjusted EBITDA increased 71.0%, driven by strong results in the U.K. and improvements in Germany and Italy.
Comcast
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Comcast Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income