U.S. advertising and studio revenues at NBCUniversal slipped in Q3, with overall revenues at parent company Comcast Corporation largely stable at $30.1 billion.
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Second-quarter revenues at Comcast Corporation rose by 1.7 percent to $30.5 billion, delivering a net income for the period that was 25.1 percent higher at $4.3 billion.
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First-quarter revenues at Comcast Corporation were down 4.3 percent to $29.7 billion, while net income was up by 8 percent to $3.8 billion.
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Revenues at NBCUniversal in the fourth quarter rose by almost 6 percent to reach $9.9 billion, while parent company Comcast Corporation was stable at $30.6 billion, with a net income that slipped by 1.1 percent to $3 billion.
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In the absence of the Olympics and the Super Bowl, video customer losses and an impairment charge from its Sky business, Comcast Corporation reported a Q3 net loss of $4.6 billion on revenues of $29.8 billion, a slight year-on-year decline, with an adjusted net income of $4.2 billion, a 4.5 percent gain.
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NBCUniversal's second-quarter revenues rose by 18.7 percent to $9.4 billion, while parent company Comcast Corporation reported total revenues of $30 billion, a 5.1 percent increase.
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First-quarter revenues at NBCUniversal rose 46.6 percent to $10.3 billion, driven by ad gains from the company's coverage of the 2022 Beijing Olympics and the NFL Super Bowl.
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Fourth-quarter revenues at Comcast Corporation were up 9.5 percent to $30.3 billion, with NBCUniversal's rising 25.6 percent to $9.3 billion.
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Second-quarter revenues at NBCUniversal were up by 39.2 percent to $7.9 billion, with parent company Comcast Corporation seeing total revenues rise by 20.4 percent to $28.5 billion.
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