Comcast Reports Third Quarter 2009 Results
•Consolidated Revenue Increased 3.0%
•Consolidated Operating Cash Flow Increased 2.7%
•Consolidated Operating Income Increased 2.4%
•Earnings per Share of $0.33 Increased 26.9%
•Free Cash Flow Increased 19.8% to $1.1 Billion
•Repurchased 16.1 Million Common Shares for $250 Million

PHILADELPHIA, Nov 04, 2009 (BUSINESS WIRE) -- Comcast Corporation (NASDAQ:CMCSA, CMCSK) today reported results for the quarter ended September 30, 2009.

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, "The strength and resilience of our businesses combined with our continued emphasis on expenses and prudent capital management helped us achieve healthy operating and financial results in the third quarter. We continued to execute well, maintaining our focus on balancing revenue, cash flow and customer growth while at the same time investing in attractive businesses like Comcast Business Services. We also made real progress on initiatives like Wideband and All-Digital that strengthen our competitive position now and in the future. Our goal is to deliver the best consumer experience in the marketplace and we remain focused on driving meaningful innovation in all of our products and services."

Consolidated Financial Results

Revenue increased 3.0% in the third quarter of 2009 to $8.8 billion, while Operating Cash Flow increased 2.7% to $3.3 billion and Operating Income increased 2.4% to $1.7 billion. This growth was due to solid results at all our operating segments.

For the nine months ended September 30, 2009, revenue increased 4.3% to $26.6 billion, Operating Cash Flow increased 5.6% to $10.3 billion, and Operating Income increased 8.5% to $5.4 billion, all compared to the same time period in 2008.

http://www.cmcsk.com/releasedetail.cfm?R...