Comcast Corporation (NASDAQ:CMCSA) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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Comcast Corporation (NASDAQ:CMCSA) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition

On July27, 2017, Comcast Corporation (“Comcast”) issued a press release reporting the results of its operations for the three and six months ended June30, 2017. The press release is attached hereto as Exhibit99.1. Exhibit99.2 sets forth the reasons Comcast believes that presentation of the non-GAAP financial measures contained in the press release provides useful information to investors regarding Comcast’s financial condition and results of operations. To the extent material, Exhibit99.2 also discloses the additional purposes, if any, for which Comcast’s management uses these non-GAAP financial measures. A reconciliation of these non-GAAP financial measures with the most directly comparable GAAP financial measures is included in the press release itself. Comcast does not intend for this Item 2.02 or Exhibit99.1 or Exhibit99.2 to be treated as “filed” under the Securities Exchange Act of 1934, as amended, or incorporated by reference into its filings under the Securities Act of 1933, as amended.

Item 9.01. Exhibits

Exhibit Number

Description

99.1

Comcast Corporation press release dated July27, 2017.

99.2

Explanation of Non-GAAP and Other Financial Measures.


COMCAST CORP Exhibit
EX-99.1 2 a17-18462_1ex99d1.htm EX-99.1 Exhibit 99.1     PRESS RELEASE     COMCAST REPORTS 2nd QUARTER 2017 RESULTS   Consolidated 2nd Quarter 2017 Highlights:   ·                  Consolidated Revenue Increased 9.8%; Net Income Attributable to Comcast Increased 23.9%; Adjusted EBITDA Increased 10.0%   ·                  Net Cash Provided by Operating Activities was $5.2 Billion; Free Cash Flow was $2.2 Billion   ·                  Earnings per Share Increased 26.8% to $0.52   ·                  Dividends Paid Totaled $747 Million and Share Repurchases were $1.4 Billion   Cable Communications 2nd Quarter 2017 Highlights:   ·                  Cable Communications Revenue Increased 5.5% and Adjusted EBITDA Increased 5.4%   ·                  Customer Relationships Increased by 114,…
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About Comcast Corporation (NASDAQ:CMCSA)

Comcast Corporation is a media and technology company. The Company’s primary businesses include Comcast Cable and NBCUniversal. Its Comcast Cable business operates in Cable Communications segment. Its NBCUniversal business consists of four segments, which include Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks. Its Cable Communications consists of the operations of Comcast Cable, which provides video, Internet and voice services to residential customers under the XFINITY brand. Its Cable Networks consists of national cable networks, regional sports and news networks, international cable networks and cable television studio production operations. Its Broadcast Television consists of the NBC and Telemundo broadcast networks. Its Filmed Entertainment consists of the operations of Universal Pictures. The Company’s Theme Parks consists in Universal theme parks in Orlando, Florida and Hollywood, California.