Comcast Q3 revenue rises 6.5% to $32.1 billion; GAAP EPS falls 4.2% to $0.94
Comcast reported third-quarter 2024 results on October 31, 2024. Revenue rose 6.5% to $32.07 billion, helped by $1.9 billion of incremental Paris Olympics revenue, while net income attributable to Comcast fell 10.3% to $3.63 billion and diluted EPS fell 4.2% to $0.94. Adjusted EPS rose 3.3% to $1.12, but free cash flow fell 15.5% to $3.4 billion.
Key points
- Revenue rose 6.5% to $32.07 billion; the Paris Olympics contributed $1.9 billion of incremental Media revenue.
- Diluted EPS fell 4.2% to $0.94; adjusted EPS rose 3.3% to $1.12 (a non-GAAP measure).
- Free cash flow fell 15.5% to $3.4 billion; the company returned $3.2 billion to shareholders, including $2.0 billion in share repurchases.
- Connectivity & Platforms customer relationships fell by 29,000 to 51.7 million, including the impact of the end of the ACP program.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.