Comcast Results Presentation Deck
Sky 2nd Quarter 2022 Overview
7
Customer Relationships
23.2
+1%
2Q21
Revenue
$5,220
2Q21
23.0
+0%
3Q21
(3.5%)
$4,501
2Q22
23.0
-1%
4Q21
22.9
($M) Adjusted EBITDA
-2%
1Q22
All percentages represent year/year constant currency growth rates.
See Notes on Slide 11
$560
2Q21
22.7
-2%
2Q22
+70.7%
$863
2Q22
(M)
($M)
Commentary
Total customer relationship net losses of (255K)
Reflects normal churn associated with the end of the football season, as well
as an increasingly challenging macroeconomic environment in Europe
Ended the quarter with 22.7M total customer relationships; (2.3%) y/y
Revenue: (3.5%) to $4.5B
Direct-to-Consumer: (2.4%) to $3.7B; increased low single-digits in the U.K.
Content: (16.4%) to $265M
Advertising: (3.1%) to $556M
Adjusted EBITDA: +70.7% to $863M
Reflects strong growth in the U.K. and improved results in Germany and Italy
Mainly driven by lower sports programming and production costs due to
resets in our sports rightsView entire presentation