Comcast Corp (CMCSA) SEC Filing 10-Q Quarterly report for the period ending Sunday, March 31, 2019

Exhibit 99.1

COMCAST REPORTS 1st QUARTER 2019 RESULTS

Consolidated 1st Quarter 2019 Highlights:

·      Consolidated Revenue Increased 17.9%; Net Income Attributable to Comcast Increased 14.0%; Adjusted EBITDA Increased 18.1%, Each Reflecting the Inclusion of Sky Results in the First Quarter of 2019

·      Net Cash Provided by Operating Activities was $7.2 Billion; Free Cash Flow was $4.6 Billion

·      Earnings per Share Increased 16.7% to $0.77; On an Adjusted Basis, Earnings per Share Increased 16.9% to $0.76

·      Dividends Paid Totaled $869 Million

Cable Communications 1st Quarter 2019 Highlights:

·      Cable Communications Revenue Increased 4.2%; Adjusted EBITDA Increased 9.8% and Adjusted EBITDA per Customer Relationship Increased 6.0%

·      Total Customer Relationships Increased 3.6% Year-Over-Year to 30.7 Million, Including Net Additions of 300,000 in the Quarter, a 19,000 Improvement from the First Quarter of 2018

·      High-Speed Internet Residential Revenue Increased 10.1%; Business Services Revenue Increased 9.5%; Total High-Speed Internet Customers Increased by 375,000

NBCUniversal 1st Quarter 2019 Highlights:

·      NBCUniversal Revenue Decreased 12.5%; Adjusted EBITDA Increased 2.9%

·      Cable Networks and Broadcast Television Revenue Collectively Decreased 19.8%; Excluding $1.6 Billion of Incremental Revenue Generated by Last Year’s Successful Broadcasts of the 2018 PyeongChang Olympics and the NFL’s Super Bowl LII, Revenue Increased 5.0%

·      Filmed Entertainment Revenue Increased 7.4%, Including the Successful Theatrical Performances of How to Train Your Dragon: The Hidden World and Us in the Quarter; Adjusted EBITDA Increased 78.7%

Sky 1st Quarter 2019 Highlights:

·      Sky Revenue Decreased 5.0% and Adjusted EBITDA Decreased 17.0% on a Pro Forma Basis; Excluding the Impact of Currency, Revenue Increased 1.9% and Adjusted EBITDA Decreased 11.3% on a Pro Forma Basis, Reflecting New Contracts for Soccer Rights in Italy and Germany

·      Total Customer Relationships Increased 3.5% Year-Over-Year to 23.7 Million, Including Net Additions of 112,000 in the Quarter, a 74,000 Improvement from the First Quarter of 2018

PHILADELPHIA - April 25, 2019… Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended March 31, 2019.

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “Comcast is off to a terrific start in 2019, financially, operationally and strategically. In the first quarter, we delivered strong EBITDA and earnings per share growth, as well as robust free cash flow. Comcast Cable had the best quarterly EBITDA growth in over a decade, while NBCUniversal again posted favorable results. We also continued to strengthen our leadership position in valuable customer relationships and premium content. Now with the inclusion of Sky, we grew customer relationships by 3.6% year-over-year, including 400,000 net additions in the first quarter, reaching over 54 million relationships in total. Across all parts of the company, our teams are executing at a high level and collaborating to drive growth and innovation. I’m excited about this quarter’s results and the opportunities ahead.”