Telecommunications company Comcast Corporation (CMCSA) achieved the highest levels of revenue and adjusted EPS in its history. In the fourth quarter of fiscal 2022, the company’s revenue from cable communications grew 1.4% year-over-year to $16.60 billion.
CMCSA’s broadband revenue increased 5.4% due to an increase in average rates and growth in the number of residential broadband customers compared to the prior-year period. Its wireless revenue rose 24.7%, driven by an increase in the number of customer lines and device sales growth, while business services revenue increased 4.6% year-over-year.
