Comcast Corporation has announced that Universal Theme Parks in Florida and Japan have broken even in Quarter 4, year ended December 31, 2020.
Overall, the Comcast Corporation results reveal that for the twelve months ended December 31, 2020, revenue decreased 4.9 per cent to $103.6bn compared with 2019 however Earning per Share (EPS) for the fourth quarter was $0.73, an increase of 7.4 per cent compared with the same period last year.
In Quarter 4, Universal Theme Parks reached breakeven, excluding the $45M pre-opening costs of Universal Beijing Resort.
Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, commented: “Outstanding performance at Cable drove very strong fourth quarter results for our company. We added 538,000 net new broadband customers and delivered Adjusted EBITDA growth of over 12 per cent.
“Our theme parks in Orlando and Osaka reached breakeven; and encouragingly, Sky returned to customers growth in all three of its markets, bringing our total customer relationships and overall revenue in Europe essentially back to 2019 levels”
