Comcast Results Presentation Deck slide image

Comcast Results Presentation Deck

Sky 2nd Quarter 2020 Overview 7 Customer Relationships 24.0 +4% 2Q 19 Revenue $4,828 2Q 19 23.9 +2% 3Q 19 (12.9%) $4,079 2Q20 24.0 +2% 4Q19 $772 23.9 ($M) Adjusted EBITDA 2Q 19 +1% 1Q20 All percentages represent year/year constant currency growth rates. See Notes on Slide 12 23.7 (1%) 2Q20 +0.2% $749 (M) 2Q20 ($M) Commentary ● ● ● Customer relationships: - 1.3% to 23.7M Net losses of -214K reflects the postponement of sporting events and the suspension of certain sales channels due to COVID-19 Revenue: 12.9% to $4.1B Direct-to-Consumer -6.7% to $3.5B: lower ARPU due to COVID- 19, which resulted in lower sports subscription revenues, as well as a decrease customers y/y - Advertising -41.2% to $321M: primarily reflects overall market weakness, which was worsened by COVID-19, as well as the continued unfavorable impact of a legislation change related to gambling advertising. Content -35.7% to $234M: reflects lower revenue from sports programming as a result of the postponement of sporting events due to COVID - 19 Adjusted EBITDA: +0.2% to $749M Lower revenue offset by lower operating costs; reflects the postponement of sporting events due to COVID-19
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