Xfinity tv packages 20168/11/2023 Consolidated Operating Income increased 6.6% to $4.3 billion. Net Cash Provided by Operating Activitiesįor additional detail on segment revenue and expenses, customer metrics, capital expenditures, and free cash flow, please refer to the trending schedules on Comcast's Investor Relations website at Consolidated Revenue for the fourth quarter of 2016 increased 9.2% to $21.0 billion. As we begin 2017, we are well positioned to continue driving growth and shareholder value as we embark on the opportunities ahead."Įxcluding Olympics and Super Bowl (see Table 7)Įxcluding Transaction-Related Costs (see Table 7) The consistency and strength of our results enables us to announce that we are increasing our dividend by 15% per share, we will split our stock two-for-one, the twelfth split in our company's history, and we expect to repurchase $5 billion of our stock this year. NBCUniversal also had a terrific year, fueled by the tremendous success of the Olympics, the opening of new attractions at our theme parks, and strong theatrical performances, particularly in animation. We grew operating cash flow 5.6%, added 161,000 video subscribers, the best video customer results in a decade, and delivered our best high-speed Internet customer results in nine years. Our performance at Comcast Cable was exceptionally strong. We're pleased to report another year of strong financial and operational results, which reflect our focus on innovation, investing in the business and putting the customer first. This is a special company, with a team I am delighted to work with, executing at a high level. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, "I look back on 2016 with pride and enthusiasm. PHILADELPHIA-(BUSINESS WIRE)- Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter and year ended December 31, 2016.īrian L. Increased Dividend by 15% to $1.26 per Share on an Annualized, Pre-Split Basis Increased Share Repurchase Authorization to $12.0 Billion, with $5.0 Billion Expected to be Repurchased in 2017.Declared a Two-for-One Stock Split in the Form of a 100% Dividend Payable on Febru12 th Stock Split in Company History.Dividends and Share Repurchases Totaled $7.6 Billion in 2016.NBCUniversal Revenue Increased 13.0% and Operating Cash Flow Increased 14.0%.Added 258,000 Customer Relationships Video Customer Net Additions were 80,000 High-Speed Internet Customer Net Additions were 385,000.Cable Communications Revenue Increased 7.1% and Operating Cash Flow Increased 6.4%.Earnings per Share Increased 20.3% to $0.95 On an Adjusted Basis, EPS Increased 9.9% to $0.89.Net Cash Provided by Operating Activities was $5.7 Billion Free Cash Flow was $2.6 Billion.Consolidated Revenue Increased 9.2%, Operating Income Increased 6.6%, Operating Cash Flow Increased 7.8%.NBCUniversal Revenue Increased 11.0% and Operating Cash Flow Increased 13.8%.Customer Relationships Increased by 858,000, a 29.0% Improvement Compared to 2015 Best Video Customer Results in 10 Years Best High-Speed Internet Customer Results in 9 Years.Cable Communications Revenue Increased 6.6% and Operating Cash Flow Increased 5.6%.Earnings per Share Increased 10.2% to $3.57 On an Adjusted Basis, EPS Increased 7.1% to $3.48. Net Cash Provided by Operating Activities was $19.2 Billion Free Cash Flow was $8.2 Billion.Consolidated Revenue Increased 7.9%, Operating Income Increased 5.4%, Operating Cash Flow Increased 7.0%.
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