Comcast Reports 2nd Quarter 2021 Results

In the second quarter of 2021, Comcast added 354,000 broadband subscribers, its highest ever for a second-quarter performance. NBCUniversal’s streaming service, Peacock, has 54 million sign-ups and more than 20 million monthly active accounts. Comcast, which doesn’t split out free and paid users, reported 42 million sign-ups across the US in the first quarter of 2021. Comcast’s cable revenue came in at $16 billion, up 10.9% from a year ago. NBCUniversal also saw revenue for the quarter surge by 39.2% from a year ago to $8 billion. For the six months ended June 30, 2021, revenue increased 10.8% to $55.8 billion compared to 2020. Net income attributable to Comcast increased 37.6% to $7.1 billion. Adjusted Net Income increased 16.1% to $7.5 billion. Adjusted EBITDA increased 8.0% to $17.3 billion.