Comcast beat revenue and profit estimates but failed to deliver broadband subscriber growth. Peacock subscriber numbers were also flat.
"We achieved our highest adjusted EBITDA margin on record even amid a unique and evolving macroeconomic environment that is temporarily putting pressure on the volume of our new customer connects," Roberts said.Comcast lost 521,000 video customers in the quarter and has now lost 1 million video subscribers in the first six months of 2022.
Studios revenue increased more than 33% to $3 Billion, driven by"Jurassic World: Dominion," which has topped The Universal theme park business continued to recover from last year's pandemic slowdown. Revenue jumped about 65% to $1.8 billion. Adjusted EBITDA increased 187% to $632 Million, the parks' division highest ever EBITDA for a second quarter..
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