Earnings release
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COMCAST COMCAST REPORTS 3rd QUARTER 2021 RESULTS PHILADELPHIA - October 28 , 2021 ... Comcast Corporation ( NASDAQ : CMCSA ) today reported results for the quarter ended September 30 , 2021 . " I am pleased with our strong operating and financial results this quarter . Each of our businesses posted significant growth in Adjusted EBITDA , contributing to a double - digit increase in our Adjusted EPS . At Cable , our customer and financial metrics remained strong , highlighted by 10 % growth in Adjusted EBITDA , the highest level of customer retention on record for a third quarter , and the most wireless net additions since the launch of Xfinity Mobile in 2017. Our results at NBCUniversal continue to be driven by the ongoing recovery at our domestic Theme Parks , as well as the success of our linear and streaming Media platforms . At Sky , our UK business maintained its momentum , delivering healthy growth in revenue , EBITDA , and customer relationships . Going forward , I am excited about the opportunity to continue to invest in our global technology platform and other businesses while returning more capital to shareholders . This strategy is reflected in our most recent product launches - XClass TV in the U.S. and Sky Glass in Europe - as well as the $ 2.7 billion we returned to shareholders through a combination of share repurchases and dividend payments , " 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 Net Cash Provided by Operating Activities Free Cash Flow4 PRESS RELEASE 3rd Quarter 2020 Change $ 30,298 $ 25,532 18.7 % $ 4,035 $ 2,019 99.8 % $ 4,038 $ 3,000 34.6 % $ 8,957 $ 7,583 18.1 % $ 0.86 $ 0.44 95.5 % $ 0.87 $ 0.65 33.8 % $ 6,100 $ 5,228 16.7 % $ 3,234 $ 2,289 41.3 % 2021 2021 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 . Year to Date 3rd Quarter 2021 Highlights : Consolidated Adjusted EBITDA Increased 18.1 % to $ 9.0 Billion ; Adjusted EPS Increased 33.8 % to $ 0.87 ; Generated Free Cash Flow of $ 3.2 Billion Returned $ 2.7 Billion to Shareholders Through a Combination of $ 1.5 Billion in Share Repurchases and $ 1.2 Billion in Dividend Payments 2020 Change $ 86,049 $ 75,856 13.4 % 55.2 % 22.0 % $ 11,102 $ 7,154 $ 11,511 $ 9,436 $ 26,297 $ 23,640 11.2 % $ 2.38 $ 1.55 53.5 % $ 2.47 $ 2.04 21.1 % $ 21,457 $ 19,695 8.9 % $ 13,305 $ 11,580 14.9 % Cable Communications Total Customer Relationship Net Additions Were 255,000 ; Total Broadband Customer Net Additions Were 300,000 Cable Communications Adjusted EBITDA Increased 10.3 % and Adjusted EBITDA per Customer Relationship Increased 5.3 % Cable Communications Wireless Customer Line Net Additions Were 285,000 , the Best Quarterly Result Since Launch in 2017 NBCUniversal Adjusted EBITDA Increased 48.2 % to $ 1.3 Billion , Including Peacock Losses Theme Parks Delivered Its Most Profitable Quarter Since the First Quarter of 2020 , Driven by Universal Orlando ; Celebrated the Grand Opening of Universal Beijing Resort on September 20th Sky Adjusted EBITDA Increased 88.8 % to $ 971 Million ; On a Constant Currency Basis , Adjusted EBITDA Increased 76.2 %