Slide 1: 1st Quarter 2024 Results
st 1 Quarter 2024 Results APRIL 25, 2024
Slide 2: Important Information
IMPORTANT INFORMATION Caution Concerning Forward-looking Statements This presentation includes statements that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Sec
Slide 3: 1Q 2024 Highlights
1Q 2024 Drivers of our future growth and the focus Highlights areas of our investment: $30.1B in Revenue • Residential Broadband $9.4B in Adjusted EBITDA • Wireless $1.04 in Adjusted EPS • Business Services Connectivity $4.5B in Free Cash Flow $3.6B in Return of Capital • Theme Parks Strong balance
Slide 4: Consolidated 1Q 2024 Financial Results
Consolidated 1Q 2024 Financial Results ($ in billions, except per share data) Revenue Adj. EBITDA Adj. EPS +1.2% (0.6%) +13.9% $30.1 $29.7 $9.4 $1.04 $9.4 $0.92 1Q23 1Q24 1Q23 1Q24 1Q23 1Q24 Free Cash Flow Generation of $4.5 Billion; Return of Capital to Shareholders of $3.6 Billion Billion 4 See No
Slide 5: Connectivity & Platforms
1Q 2024 1Q 2024 Revenue Adj. EBITDA Commentary Connectivity ($M) y/y % y/y % & Platforms Revenue ($B) • Residential Connectivity revenue +7%, with domestic broadband revenue +4%, domestic wireless revenue +13% and $20.2 $20.3 international connectivity revenue +19% (0.1%) Residential • Domestic resi
Slide 6: Content & Experiences
1Q 2024 1Q 2024 Revenue Adj. EBITDA Commentary Content & ($M) y/y % y/y % Experiences • Excluding the impact of foreign currency, revenue increased Revenue ($B) 5% and Adj. EBITDA was consistent with the prior year $10.4 $1,979 $632 • $10.3 Theme Parks +1.5% (3.9%) Japan and Hollywood continued to b
Slide 7: Free Cash Flow & Capital Allocation Framework
Free Cash Flow & Capital Allocation Framework • Invest organically for growth Capital Allocation • Protect our strong balance sheet position; maintain investment grade credit ratings • Return capital to shareholders Consolidated Capital ($B)* Balance Sheet Statistics Return of Capital Total return o
Slide 8: Appendix
AYA COMCAST APPENDIX
Slide 9: Free Cash Flow Generation
Free Cash Flow Generation Adjusted EBITDA to Free Cash Flow Walk 1Q 2024 ($B) Changes in Noncash share- Capital Software & Cash interest Adjusted EBITDA Cash taxes operating assets based compensation Free Cash Flow expenditures intangibles expense and liabilities and Other $4.5 9 See Notes on Slide
Slide 10: Notes
NOTES Numerical information is presented on a rounded basis using actual amounts. Minor differences in totals and percentage calculations may exist due to rounding. Beginning in the first quarter of 2023, we changed our presentation of segment operating results around our two primary businesses, Con
Slide 11: 1Q 2024 in Photos
1Q 2024 IN PHOTOS Wy COMCAST
Slide 12: Connectivity & Platforms: Xfinity speed increases
Q1 2023 IN PHOTOS March 2024: Comcast Boosts Speeds for Millions of Xfinity Internet Customers. As the need for data increases in ever- Connectivity & connected households, Xfinity is ensuring customers can stream, surf, and share on a network and service they can rely on today Platforms: and in the
Slide 13: Connectivity & Platforms: Peacock AFC Wild Card Game
Q1 2023 IN PHOTOS January 2024: Peacock Exclusive AFC Wild Card Game Is Biggest Live-Streamed Event in U.S. History and Drives Connectivity & Internet Usage to Single Day U.S. Record. The game set a record as the largest internet event ever, consuming 30% of internet Platforms: traffic during the ga
Slide 14: Content: Kung Fu Panda box office
Content: April 2024: Kung Fu Panda 4 Debuted in March and Grossed Over $480 Million in Worldwide Box Office Year-to-Date, Contributing to the Panda Franchise's Cumulative Total of $2.3 Billion.
Slide 15: Experiences: Donkey Kong Country at Universal Studios Japan
Q1 2023 IN PHOTOS 1Q 2024: Development of “Donkey Kong Country” at Universal Studios Japan is in the Final Stages of Experiences: Completion. Opening in the second half of 2024, this expansion area - based on the globally beloved and popular Nintendo franchise, Donkey Kong - will increase the curren
Slide 16: Comcast
St COMCAST