🔹 Adjusted EPS: $1.09 (Est. $0.99) 🟢; UP +4.5% YoY
🔹 Revenue: $29.89B (Est. $29.8B) 🟢; DOWN -0.6% YoY
🔹 Domestic Broadband Net Loss: -199K (Est. -144K) 🔴
Connectivity & Platforms
Segment Revenue:
🔹 Total Connectivity & Platforms Revenue: $20.14B; DOWN -0.7% YoY
🔹 Residential Connectivity & Platforms: $17.64B; DOWN -1.3% YoY
🔹 Business Services Connectivity: $2.50B; UP +3.7% YoY
Segment Adjusted EBITDA:
🔹 Total Connectivity & Platforms Adj. EBITDA: $8.34B; UP +1.5% YoY
🔹 Residential Adj. EBITDA: $6.92B; UP +1.0% YoY
🔹 Business Services Adj. EBITDA: $1.42B; UP +4.1% YoY
🔹 Segment EBITDA Margin: 41.4% (UP +90bps YoY)
Customer Metrics:
🔹 Domestic Broadband Net Loss: -199K
🔹 Domestic Wireless Line Net Adds: +323K
🔹 Domestic Video Customer Loss: -427K
🔹 Total Customer Relationships: 51.38M (DOWN -228K QoQ)
Residential Connectivity Revenue Breakdown:
🔹 Domestic Broadband: $6.56B; UP +1.7% YoY
🔹 Domestic Wireless: $1.12B; UP +15.6% YoY
🔹 International Connectivity: $1.13B; UP +9.5% YoY
🔹 Video Revenue: $6.72B; DOWN -5.4% YoY
🔹 Advertising: $881M; DOWN -7.4% YoY
🔹 Other: $1.23B; DOWN -9.7% YoY
Content & Experiences
Segment Revenue:
🔹 Media: $6.44B; UP +1.1% YoY
🔹 Studios: $2.83B; UP +3.0% YoY
🔹 Theme Parks: $1.88B; DOWN -5.2% YoY
🔹 Total Segment Revenue: $10.46B; UP +0.8% YoY
Segment Adjusted EBITDA:
🔹 Media: $1.00B; UP +21.5% YoY
🔹 Studios: $298M; UP +22.3% YoY
🔹 Theme Parks: $429M; DOWN -32.1% YoY
Peacock & Streaming:
🔹 Peacock Revenue: $1.2B; UP +16% YoY
🔹 Peacock Adj. EBITDA Loss: $215M (Improved from $639M YoY)
Studios Breakdown:
🔹 Content Licensing: $2.17B; UP +3.5% YoY
🔹 Theatrical: $286M; DOWN -13.3% YoY
🔹 Other Revenue: $366M; UP +17.5% YoY
Theme Parks Commentary:
🔸 Revenue decline driven by lower domestic attendance, impacted by Hollywood wildfires
🔸 ~$100M in pre-opening expenses for Epic Universe (launching May 22, 2025)
