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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.
Cable Communications added 538,000 net new broadband customers.
Cable Communications Adjusted EBITDA increased by over 12%.
Theme parks in Orlando and Osaka reached breakeven.
Sky returned to customer growth in all three of its markets.
Comcast anticipates continued growth and recovery in the coming periods, driven by vaccine rollouts and strategic business initiatives.
Visualization of income flow from segment revenue to net income