🔹 Adj EPS: $0.96 (Est. $0.86) 🟢
🔹 Revenue: $31.92B (Est. $31.62B) 🟢
🔹 Peacock Revenue: $1.32B (Est. $1.36B) 🔴
🔹 Domestic Broadband Net Change: -139,000 customers
Shareholder Initiatives:
🔹 Dividend Increase: Raised to $1.32 per share annually (+6.5% YoY)
🔹 Quarterly Dividend: $0.33 per share, payable April 23, 2025
🔹 New Share Repurchase Authorization: $15B
Financial & Operational Performance
🔹 Net Income: $4.78B (Up +46.6% YoY)
🔹 Adjusted Net Income: $3.69B (Up +8.3% YoY)
🔹 Adjusted EBITDA: $8.81B (Up +9.9% YoY)
🔹 Free Cash Flow: $3.26B (Up +90.9% YoY)
🔹 Capital Expenditures: $3.9B (Up +17.9% YoY)
Segment Performance
Connectivity & Platforms:
🔹 Connectivity Revenue: $11.5B (Up +4.9% YoY)
🔹 Domestic Broadband Revenue: $6.53B (Up +2.0% YoY)
🔹 Business Services Revenue: $2.45B (Up +3.7% YoY)
🔹 Domestic Wireless Revenue: $1.19B (Up +16.6% YoY)
Content & Experiences:
🔹 Media Revenue: $7.22B (Up +3.5% YoY)
🔹 Peacock Revenue: $1.32B (Up +28% YoY)
🔹 Studios Revenue: $3.27B (Up +6.7% YoY)
🔹 Theme Parks Revenue: $2.37B (Flat YoY)
Subscriber Trends:
🔹 Total Domestic Wireless Line Additions: +307,000
🔹 Total Domestic Video Customer Losses: -311,000
CEO Brian Roberts’ Commentary:
🔸 "Best financial performance in Comcast’s history, with record revenue, EBITDA, and EPS."
🔸 "Strong growth in connectivity, Peacock, and Studios, with Peacock revenue up 46% YoY."
🔸 "Excited for 2025, including our Comcast Business acquisition of Nitel, Epic Universe opening, and the NBA/WNBA return to NBC."
