Comcast reports adjusted EPS for the first three months of 2024 up 13.9% to $1.04, despite stable adjusted EBITDA (-0.6%) to $9.35 billion, on revenues up 1.2% to nearly $30.1 billion.

We increased broadband ARPU by more than 4%, sales in our connectivity business by 7%, and our adjusted EBITDA margin across the connectivity and platforms division as a whole", points out CEO Brian L Roberts.

He also highlights the dynamism of the cinema business, with hits such as Kung Fu Panda 4, as well as Peacock, 'one of the fastest-growing domestic streamers, with impressive acquisition, retention and engagement trends'.

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