Earnings release
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COMCAST Comcast Reports 2nd Quarter 2021 Results July 29 , 2021 PHILADELPHIA -- ( BUSINESS WIRE ) -- Jul . 29 , 2021-- Comcast Corporation ( NASDAQ : CMCSA ) today reported results for the quarter ended June 30 , 2021 . " We delivered excellent results in the quarter , continuing our great start to the year . At Cable , our performance was exceptional , highlighted by 11 % revenue and 15 % Adjusted EBITDA growth , the best broadband and total customer relationship net additions on record for a second quarter , and the most wireless net additions since the launch of Xfinity Mobile in 2017. At NBCUniversal , Adjusted EBITDA increased an impressive 13 % , fueled by the recovery at Theme Parks , particularly at Universal Orlando . And I am pleased with and encouraged by our customer and financial metrics in the U.K. , which drove Sky's double - digit total revenue growth in the quarter . We remain committed to innovating for our customers and investing for a strong future . I have great confidence in our strategy and our ability to execute , which is reflected in our decision to restart our share repurchase program during the quarter , earlier than previously planned , " commented Brian L. Roberts , Chairman and Chief Executive Officer of Comcast Corporation . ( $ in millions , except per share data ) Consolidated Results Revenue Net Income Attributable to Comcast Adjusted Net Income 1 Adjusted EBITDA² Earnings per Share³ Adjusted Earnings per Share¹ 2nd Quarter Free Cash Flow4 2021 2020 Change 2021 2020 $ 28,546 $ 23,715 20.4 % $ 3,738 $ 2,988 25.1 % $ 3,943 $ 3,170 24.3 % $ 8,927 $ 7,927 12.6 % $ 0.80 $ 0.65 23.1 % Year to Date $ 0.84 $ 0.69 21.7 % $ 55,751 $ 50,324 10.8 % $ 7,067 $ 5,135 37.6 % Change $ 7,472 $ 6,436 16.1 % $ 17,339 $ 16,057 8.0 % $ 1.51 $ 1.11 $ 1.60 $ 1.40 36.0 % 14.3 % Net Cash Provided by Operating Activities $ 7,606 $ 8,643 ( 12.0 % ) $ 15,357 $ 14,467 6.2 % $ 4,791 $ 5,966 ( 19.7 % ) $ 10,071 $ 9,291 8.4 % For additional detail on segment revenue and expenses , customer metrics , capital expenditures , and free cash flow , please refer to the trending schedules on Comcast's Investor Relations website at www.cmcsa.com . 2nd Quarter 2021 Highlights : • Consolidated Adjusted EBITDA Increased 12.6 % to $ 8.9 Billion ; Adjusted EPS Increased 21.7 % to $ 0.84 ; Generated Free Cash Flow of $ 4.8 Billion • Resumed Share Repurchase Program in May , Earlier Than Previously Planned ; Returned $ 1.7 Billion to Shareholders During the Quarter Through a Combination of Share Repurchases and Dividend Payments • Cable Communications Total Customer Relationship Net Additions Were 294,000 , the Best Second Quarter Result on Record ; Total Broadband Customer Net Additions Were 354,000 , the Best Second Quarter Result on Record • Cable Communications Adjusted EBITDA Increased 14.5 % and Adjusted EBITDA per Customer Relationship Increased 8.9 %