The following is a summary of the Comcast (CMCSA) Q4 2023 Earnings Call Transcript:

Financial Performance:

Comcast reported total Q4 2023 revenue of $31.3 billion, marking a 2% increase. Full-year revenue remained stable at $121.6 billion.
Adjusted EBITDA for Q4 held constant at $8 billion, with a full-year increase of 3% reaching $37.6 billion.
Adjusted EPS for Q4 rose by 2% to $0.84 per share with a full-year increase of 9% to $3.98.
The company generated a notable Q4 free cash flow of $1.7 billion, culminating in a full-year figure of $13 billion; this equates to a 10% YoY increase in free cash flow per share ($3.13).
For Q4 and the full year, Comcast returned its free cash flow to shareholders in its entirety, mounting to $4.7 billion and $15.8 billion respectively.

Business Progress:

Growth was primarily driven by residential broadband, wireless, business services connectivity, theme parks, streaming, and premium content.
Residential connectivity revenue grew by 7%, achieved through domestic broadband growth (4%), domestic wireless growth (15%), and international connectivity growth (19%). Business services connectivity revenue also saw an increase of 6%.
Wireless business achieved a landmark with $1 billion in quarterly revenue.
Comcast exceeded its goal of reaching 1 million new homes and businesses in 2023 and has set a similar target for 2024.
The company anticipates the peak capital expenditure years for the new ‘Epic’ park to be 2023 and 2024, with an opening slated for 2025.
Further growth in mobile line subscribers is expected, adding to its existing 6 million.
A future-oriented approach includes strategizing wireless footprint expansion and strengthening network capabilities for enhanced reliability.