Comcast Reports 2nd Quarter 2012 Results
Wednesday, August 1st, 2012
PHILADELPHIA — Comcast Corporation (NASDAQ: CMCSA, CMCSK) today reported results for the quarter ended June 30, 2012.
Cable Communications – Customers
In the second quarter, combined Video, High-Speed Internet and Voice customers increased by 138,000, a 40.1% increase compared to second quarter 2011 net additions. As of June 30, 2012, Video, High-Speed Internet and Voice customers totaled 50.5 million, an increase of 1.4 million or 2.8% over last year’s second quarter.
In the quarter, Video customers declined by 176,000 to 22.118 million. However, Digital Video penetration increased from 93.0% to 94.5%, so digital video subscribers rose by 159,000.
Customers (in thousands):
Customers Net Adds
-------------- --------------
2Q11 2Q12 2Q11 2Q12
------ ------ ------ ------
Video 22,513 22,118 (238) (176)
2011 2012
------------------------------ --------------
1Q 2Q 3Q 4Q 1Q 2Q
------ ------ ------ ------ ------ ------
Video Customers 22,751 22,513 22,348 22,331 22,294 22,118
Video Net Additions (Losses) (39) (238) (165) (17) (37) (176)
Digital Video Customers* 20,035 20,109 20,251 20,551 20,737 20,896
Digital Penetration of Total Video 88.1% 89.3% 90.6% 92.0% 93.0% 94.5%
Advanced Services Customers** 10,376 10,508 10,634 10,862 11,105 11,172
Advanced Services Penetration of Digital Video 51.8% 52.3% 52.5% 52.9% 53.6% 53.5%
* Digital Video Customers include customers receiving digital signals through any means, including cable cards and digital transport adapters (“DTAs”).
** Advanced Services Customers subscribe to DVR and/or HDTV services.
More: Earnings Release
Links: Comcast
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