Comcast Corporation

CMCSA
Sector

Communication Services

Industry

Telecom Services

Market Cap

$153.98B

Employees

186K

Company Overview

Comcast Corporation is a global media and technology company. They operate through two main segments: Connectivity & Platforms, which provides broadband, wireless, video, and voice services, and Content & Experiences, which produces and distributes entertainment, sports, and news content. Comcast is a large player in the US and international markets, with competitive advantages in its extensive network infrastructure and diverse content portfolio.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Comcast's revenue decreased by 2.7% YoY for the three months ended June 30, 2024, and 0.8% for the six months ended June 30, 2024. This was primarily driven by a decrease in the Content & Experiences business, offset by an increase in Corporate and Other.

Net income attributable to Comcast Corporation decreased by 7.5% for the three months ended June 30, 2024, and 3.7% for the six months ended June 30, 2024. This was driven by a decrease in operating income and an increase in interest expense, partially offset by a decrease in income tax expense.

Operating income decreased by 1.1% for the three months ended June 30, 2024, and increased by 0.7% for the six months ended June 30, 2024. This indicates a slight decrease in profitability from core operations.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

1 Insight

Market Environment

3 Insights