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Comcast (CMCSA) Tops Q2 EPS by 3c

July 22, 2014 7:07 AM EDT

Comcast (NASDAQ: CMCSA) reported Q2 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $16.84 billion versus the consensus estimate of $16.99 billion.

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “We continue to see strong momentum across our cable and content businesses. In Cable, we posted the best second quarter customer results for both video and high-speed Internet in six years and saw tremendous demand for our X1 product, which is a truly transformative experience. We are also pleased with the continued rapid growth of business services, which has quickly become an important engine for the company. NBCUniversal had another excellent quarter with double-digit operating cash flow growth driven by solid results in each segment and a first place finish for NBC for the 2013/2014 broadcast television season.”

Cable Communications 2nd Quarter 2014 Highlights:

  • Cable Communications Revenue Increased 5.4% and Operating Cash Flow Increased 5.3%
  • High-Speed Internet Customers Increased by 203,000; The Best Second Quarter Net Additions in Six Years
  • Video Customer Net Losses Declined to 144,000; The Best Second Quarter Result in Six Years
  • Business Services Revenue Increased 22.4%, Approaching a $4 Billion Annual Run-Rate

NBCUniversal 2nd Quarter 2014 Highlights:

  • NBCUniversal Revenue Increased 0.3% and Operating Cash Flow Increased 20.4%, as Operating Cash Flow Margins Expanded to 23.8% from 19.9% in the Prior Year Period
  • NBC Ended the Broadcast Season Rated #1 Among Adults 18-49
  • Extended Rights for an Additional Six Olympic Games Through 2032

For earnings history and earnings-related data on Comcast (CMCSA) click here.



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