Comcast Reports First Quarter 2003 Results

Comcast Reports First Quarter 2003 Results

Post by Monty Solomo » Sat, 10 May 2003 14:20:38

Consolidated Revenue Increased to $5.52 Billion and EBITDA Increased
                 to $1.64 Billion

         Operating Income Increased 12.4% to $473 Million
       Comcast Cable Delivers Meaningful Subscriber Additions
          Total Basic Cable Subscribers Increased by 56,900

   High-Speed Internet Subscribers Increased by 417,000 to Exceed 4 Million

   Comcast Increases 2003 Guidance for Basic Cable and High-Speed Internet
              Subscribers and Reaffirms All Other 2003 Guidance

   Turnaround of Newly Acquired Systems Begins to Yield Substantial

Pro Forma Cable Revenue Increased 10.0% and Pro Forma Cable EBITDA
Increased 35.8%

      Pro Forma Cable Operating Income Increased to $341 Million



1. EarthLink Reports Results For First Quarter 2003

     EarthLink Reports Results For First Quarter 2003; Includes record
     Broadband subscriber growth of 112,000
     - Apr 22, 2003 07:02 AM (PR Newswire)

ATLANTA, April 22 /PRNewswire-FirstCall/ -- EarthLink, Inc. (Nasdaq:
ELNK) today announced its financial results for its first quarter that
ended March 31, 2003.

EarthLink reported that revenues grew to $353.7 million in the
quarter, an increase of 6.1 percent from the same period a year ago.
Earnings before interest income and expense, taxes, depreciation and
amortization (EBITDA) excluding facility exit costs were $22.0
million, improving from $6.5 million a year ago.  Net earnings before
facility exit costs and acquisition-related amortization were $1.5
million.  Neisition-related amortization was $61.9 million.


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