Comcast Corporation (CMCSA) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to Comcast's third quarter earnings conference call. At this time, all participants are in listen-only mode. Please note, this conference call is being recorded. I will now turn the call over to Executive Vice President of Investor Relations, Ms. Marci Reiviger. Please go ahead, Ms. Reiviger. Thank you, Operator, and welcome, everyone. Joining us on today's call are Brian Roberts, Mike Cavanaugh, Jason Armstrong, and Dave Watson. I will now refer you to slide two of the presentation accompanying this call, which can also be found on our investor relations website and which contains our safe harbor disclaimer. This conference call may include forward-looking statements subject to certain risks and uncertainties. In addition, during this call, we will refer to certain non-GAAP financial measures. Please see our 8K and trending schedule issued earlier this morning for the reconciliations of these non-GAAP financial measures to GAAP. With that, I'll turn the call over to Mike. Good morning everyone and thanks for joining us first i'll start with the leadership news we announced earlier this morning. Which that Steve crony will be elevated to CEO of our connectivity and platforms business at the beginning of 2026 and at that time Dave Watson will become Vice Chairman of comcast corporation. This will be a well-earned and seamless transition for Steve, who has already made a significant impact as Chief Operating Officer, leading the operational transformation of our C&P business over the past year. He has the full trust and confidence of our entire management team, and he's exactly the right person to take the business forward. And I want to congratulate and thank Dave for his extraordinary leadership of the business for the past...