Comcast Results Presentation Deck
Connectivity
& Platforms
Adj.
EBITDA
Margin
5
Revenue ($B)
$20.5
1Q22
$7.8
Adj. EBITDA ($B)
$8.1
1Q22
$20.2
(0.1%)
+160 bps
1Q23
+3.9%
40.2%
1Q23
($M)
Residential
Connectivity
& Platforms
Business
Services
Connectivity
1Q 2023
Revenue
y/y%
$17,869
(0.7%)
$2,283
+5.2%
1Q 2023
Adj. EBITDA
y/y%
$6,762
+3.2%
$1,332
+ 7.9%
●
●
●
●
●
●
●
Commentary
Residential Connectivity revenue +8%, with domestic
broadband revenue +5%, domestic wireless revenue +27% and
international connectivity revenue +18%
Domestic residential broadband customer base was stable;
ARPU +4.5%
Added 355K wireless lines, a record high for a first quarter
Adj. EBITDA margin +140 bps to 37.8%
Augmented our disclosure in this area
A driver of margin-accretive growth
Adj. EBITDA margin +150 bps to 58.3%
All percentages represent year/year constant currency growth rates, except Adj. EBITDA margin. The year/year increase in Adjusted EBITDA margin is represented in constant currency basis points.
See Notes on Slide 10View entire presentation