Comcast Corp. reported fourth-quarter FY21 revenue growth of 9.5 percent year-on-year to $30.34 billion, beating the consensus of $29.74 billion.
Segments
Revenue for Cable Communications rose 4.5 percent Y/Y to $16.4 billion, driven by increases in broadband, wireless, business services partially offset by decreases in advertising, video, and voice revenue.Customer Relationships increased by 169,000 to 34.2 million. Broadband customer net additions were 212,000, and total video customer net losses were 373,000.
