Comcast Results Presentation Deck
Connectivity
& Platforms
Adj.
EBITDA
Margin
5
Revenue ($B)
$20.3
2Q22
$8.0
2Q22
$20.4
Adj. EBITDA ($B)
$8.3
+170 bps
0.0%
2Q23
+4.3%
41.0%
2Q23
($M)
Residential
Connectivity
& Platforms
Business
Services
Connectivity
2Q 2023
Revenue
y/y%
$18,068
(0.5%)
$2,292
+4.0%
2Q 2023
Adj. EBITDA
y/y%
$7,024
+4.3%
$1,322
+4.7%
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Commentary
Residential Connectivity revenue +8%, with domestic
broadband revenue +4%, domestic wireless revenue +20% and
international connectivity revenue +26%
Domestic residential broadband customer base was stable;
ARPU +4.5%
Added 316K wireless lines; 7th consecutive quarter of more
than 300k line additions
Adj. EBITDA margin +180 bps to 38.9%
Driver of margin-accretive growth
Stronger growth in Enterprise and Mid-market; slight
deceleration in growth in SMB
Adj. EBITDA margin +40 bps to 57.7%
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