Comcast video subscribers down 34,000 in 2Q 2017

PHILADELPHIA — Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended June 30, 2017.

Cable Communications

Total Customer Relationships increased by 114,000 to 29.0 million in the second quarter of 2017. Residential customer relationships increased by 77,000 and business customer relationships increased by 37,000. At the end of the second quarter, penetration of our double, triple and quad product residential customers was 70.5%. Total video customer net losses were 34,000, total high-speed Internet customer net additions were 175,000, total voice customer net losses were 22,000 and total security and automation customer net additions were 71,000.

Video Customers (thousands)

                                                                2016
                              --------------------------------------
                                  1Q      2Q      3Q      4Q      FY
                              ------  ------  ------  ------  ------
Total                         22,400  22,396  22,428  22,508
Net Additions (Losses)            53      -4      32      80     161
Advanced Services Customers*  14,158  14,356  14,500  14,761

                                                                2017
                              --------------------------------------
                                  1Q      2Q      3Q      4Q      FY
                              ------  ------  ------  ------  ------
Total                         22,549  22,516
Net Additions (Losses)            42     -34
Advanced Services Customers*  14,918  14,994

* Advanced Services Customers subscribe to DVR and/or HDTV services.