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![Comcast Corp [CCZ] reports annual net loss of $15.1 billion](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FCCZ.png&w=1200&q=75)
COMCAST CORP [CCZ] has reported a net loss of $15.1 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $121.6 billion
Based in PHILADELPHIA, Pennsylvania, COMCAST CORP operates in the TRANSPORT sector.
In the Consolidated Statement of Income for Comcast Corporation, the following figures were reported in millions of USD for the 12 months ended December 31 of 2023, 2022, and 2021:
- Revenue in 2023 was $121,572 million, a slight increase from $121,427 million in 2022 and a more significant growth compared to $116,385 million in 2021.
- Costs and Expenses in 2023 totaled $98,258 million, a decrease from $107,385 million in 2022 and an increase from $95,568 million in 2021.
- Operating income for 2023 amounted to $23,314 million, a notable improvement from $14,041 million in 2022 and a slight reduction from $20,817 million in 2021.
- Net income for 2023 was reported at $15,107 million, showing significant growth from $4,925 million in 2022 and a slight decrease from $13,833 million in 2021.
- Basic earnings per common share for Comcast Corporation shareholders in 2023 were $3.73, an increase from $1.22 in 2022 and a growth from $3.09 in 2021.
- Diluted earnings per common share for Comcast Corporation shareholders in 2023 were $3.71, a rise from $1.21 in 2022 and an increase from $3.04 in 2021.
These results highlight a positive trend for Comcast Corporation, showcasing growth in revenue, net income, and earnings per share in the most recent reporting period compared to the previous years. Operating income also saw a significant uptick in 2023, reflecting a strong financial performance for the company.