Consolidated 1st Quarter 2018 Highlights:
Consolidated Revenue Increased 10.7%; Net Income Attributable to Comcast Increased 21.2%; Adjusted EBITDA Increased 3.3%
Net Cash Provided by Operating Activities was $5.5 Billion; Free Cash Flow was $3.1 Billion
Earnings per Share Increased by 24.5% to $0.66; On an Adjusted Basis, Earnings per Share Increased 17.0% to $0.62
Dividends Paid Totaled $738 Million and Share Repurchases were $1.5 Billion
Cable Communications 1st Quarter 2018 Highlights:
Cable Communications Revenue Increased 3.6%; Adjusted EBITDA Increased 4.7%
Total Customer Relationships Increased by 273,000; Total High-Speed Internet Customers Increased by 379,000
Total Revenue per Customer Relationship Increased 0.9%; Adjusted EBITDA per Customer Relationship Increased 2.0%
High-Speed Internet Residential Revenue Increased 8.2%; Business Services Revenue Increased 11.9%
NBCUniversal 1st Quarter 2018 Highlights:
NBCUniversal Revenue Increased 21.3%; Adjusted EBITDA Increased 13.1%
Successful Broadcasts of the 2018 PyeongChang Olympics and Super Bowl LII Generated an Incremental $1.6 Billion in Revenue at our TV Businesses
NBC Remains Ranked #1 Among Adults 18-49
Theme Parks Revenue Increased 14.5%; Adjusted EBITDA Increased 24.6%
Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended March 31, 2018.
Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “Comcast NBCUniversal is off to a great start in 2018 with over 10% revenue growth in the first quarter. At Cable Communications, our steady increase in customer relationships continued, balanced with solid growth in EBITDA, reflecting momentum in our high-speed Internet and business services segments. NBCUniversal delivered double-digit EBITDA growth, fueled by impressive results at our Theme Parks, as well as our TV businesses’ successful broadcasts of the NFL’s Super Bowl LII and the 2018 PyeongChang Olympics. The Olympics were an incredible event that showcased our capabilities and collaboration throughout the company. NBCUniversal’s amazing presentation was the most comprehensive in Winter Games history with over 2,400 hours of coverage across broadcast, cable networks, and digital, and Cable’s best-in-class technology delivered an unparalleled viewing experience, resulting in 26% higher ratings among our X1 customers than the national average. I’m proud of our teams across Comcast NBCUniversal and believe we are well-positioned for the future.”
