CLAIM #15216 · Comcast Corp (CMCSA) · 2022Q4 earnings call · Jan 26, 2023 · due Dec 31, 2023
“So I think we still have a good runway.”
David Watson · CEO, Cable Communications
In context
“ontinue to be accretive not just revenue but margin. And business services is a real long-term opportunity has been, will continue to be. So when you look at top line margin impact, including mobile, I think it's a good -- and video slowing down. On the top line, it contributes towards margin. The second thing clearly are the expenses. And just lower activity levels, our constant focus around the two big buckets of the transactional activity, the experience improvements that we have that really drive things like self-install and the apps that help people resolve issues independently. And then our focus around cost, just fixed cost, ongoing. And so that all those things, I think, shows that it's not a singular moment. This has been steady progress over a long period of time around margin. So I think we still have a good runway. Marci Ryvicker: Thanks, Craig. Operator, we’re ready for the next question. Operator: Our next question comes from Jessica Ehrlich with BofA Securities. Please go ahead. Jessica Reif Ehrlich: Thank you. Going back to NBCU of kind of two topics on theme parks, you've got three park planned for the U.S. Can you talk about global plans? And as peak spend in '24, I think that's what Mike just said. And then on Peacock, it sounds like this year will be peak losses. When do you expect breakeven? And can you talk about long-term profit potential like what margins would you look for? And then finally, kind of all around, can you just talk about your appetite for acquisitions? Mike said organic and non-organic. I'm just wondering WWE is obviously for sale. There's IP. Is this the year we finally”
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SEC filings for CMCSA ↗ · Claim quote is verbatim from the 2022Q4 earnings call.