Comcast Corporation (CMCSA) Q3 2025 Earnings Call October 30, 2025 8:30 AM EDT
Company Participants
Marci Ryvicker – Executive Vice President of Investor Relations
Michael Cavanagh – President
Jason Armstrong – Chief Financial Officer
Brian Roberts – Chairman & CEO
David Watson – Chief Executive Officer of Connectivity & Platforms
Conference Call Participants
Michael Rollins – Citigroup Inc., Research Division
Michael Ng – Goldman Sachs Group, Inc., Research Division
Craig Moffett – MoffettNathanson LLC
Benjamin Swinburne – Morgan Stanley, Research Division
Jessica Reif Cohen – BofA Securities, Research Division
John Hodulik – UBS Investment Bank, Research Division
Presentation
Operator
Good morning, ladies and gentlemen, and welcome to Comcast’s Third Quarter Earnings Conference Call. [Operator Instructions] Please note, this conference call is being recorded.
I will now turn the call over to Executive Vice President, Investor Relations, Ms. Marci Ryvicker. Please go ahead, Ms. Ryvicker.
Marci Ryvicker
Executive Vice President of Investor Relations
Thank you, operator, and welcome, everyone. Joining us on today’s call are Brian Roberts, Mike Cavanagh, Jason Armstrong and Dave Watson.
I will now refer you to Slide 2 of the presentation accompanying this call, which can also be found on our Investor Relations website and which contains our safe harbor disclaimer. This conference call may include forward-looking statements subject to certain risks and uncertainties.
In addition, during this call, we will refer to certain non-GAAP financial measures. Please see our 8-K and trending schedule issued earlier this morning for the reconciliations of these non-GAAP financial measures to GAAP.
With that, I’ll turn the call over to Mike.
Michael Cavanagh
President
Good morning, everyone, and thanks for joining us. First, I’ll start with the leadership news we announced earlier this morning, which is that Steve Croney will be elevated to CEO of our Connectivity & Platforms business at the beginning of 2026. And at that time, Dave Watson will become Vice Chairman of Comcast
