Comcast Results Presentation Deck slide image

Comcast Results Presentation Deck

Cable Communications 3rd Quarter 2022 Overview Customer Relationships (M) Revenue Per CR* Adjusted EBITDA 5 34.0 3Q21 * $7.1 $69.47 +4.0% +0.9% 34.4 3Q22 +5.4% $7.5 $72.27 $16.1 3Q21 ($B) Net Cash Flow $5.0 3Q21 +2.6% $16.5 3Q22 +0.7% $5.1 3Q22 ($B) ($B) Commentary Customer relationships: +0.9% to 34.4M Total customer relationship net losses of 21K; net adds of 315K over the last twelve months ā— ā— 3Q21 3Q22 Represents average monthly results per customer relationship. All percentages represent year/year growth rates, except Adjusted EBITDA margin and Capital Expenditures as a % of Revenue. See Notes on Slide 11 Broadband customer net adds of 14K; 489K over the last twelve months Added 333K wireless lines, a record high; 1.3M over the last twelve months Revenue: +2.6% to $16.5B Broadband: +5.7% to $6.1B Business Services: +9.4% to $2.4B Wireless: +30.8% to $789M Advertising: +7.2% to $756M Video: (4.4%) to $5.3B Voice: (12.5%) to $745M Adjusted EBITDA: +5.4% to $7.5B; +4.0% per customer relationship Programming expenses: (2.8%) Non-programming expenses: +2.5% Adj. EBITDA margin improved +120bps y/y to 45.1%, a record high Net Cash Flow: +0.7% to $5.1B 3Q 2022 Capital expenditures: +20.8% to $2.0B, representing 12.2% of Cable revenue YTD 2022 Capital expenditures: +9.0% to $5.2B, representing 10.4% of Cable revenue
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