Comcast (CMCSA) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined compared to both the prior quarter and the same quarter a year ago. The trailing twelve-month revenue also reflected a decrease from the prior period.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined compared to both the prior quarter and the same quarter a year ago. The trailing twelve-month revenue also reflected a decrease from the prior period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$29.7B
Revenue reported for this quarter.
Quarter-over-quarter
-1.2%
Change from the immediately preceding quarter.
Year-over-year
-2.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$121.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $30.1B | +0.9% |
| Dec 31, 2023 | $31.3B | +2.3% |
| Mar 31, 2024 | $30.1B | +1.2% |
| Jun 30, 2024 | $29.7B | -2.7% |
Revenue performance
The reported revenue came in lower than the immediately preceding quarter, and the year-over-year comparison also showed a decline.
Quarterly comparison
Sequentially, revenue decreased from the prior quarter. On an annual basis, revenue was also lower than the same quarter one year earlier.
What to watch
Revenue has declined in the current quarter from both the prior quarter and the year-ago period, continuing a downward trend.