Comcast Corp (NASDAQ:CMCSA) Q3 2019 Earnings Conference Call October 24, 2019 8:30 AM ET
Company Participants
Jason Armstrong - SVP, IR & Finance
Brian Roberts - Chairman & CEO
Michael Cavanagh - CFO
Stephen Burke - Senior EVP & CEO of NBCUniversal
Jeremy Darroch - Group Chief Executive, Sky
David Watson - Senior EVP, President & CEO, Comcast Cable
Conference Call Participants
Benjamin Swinburne - Morgan Stanley
Jessica Reif Ehrlich - Bank of America Merrill Lynch
John Hodulik - UBS Investment Bank
Douglas Mitchelson - Crédit Suisse
Marci Ryvicker - Wolfe Research
Brett Feldman - Goldman Sachs Group
Jennifer Fritzsche - Wells Fargo Securities
Craig Moffett - MoffettNathanson
Michael Rollins - Citigroup
Philip Cusick - JPMorgan Chase & Co.
Operator
Good morning, ladies and gentlemen, and welcome to Comcast's Third Quarter 2019 Earnings Conference Call. [Operator Instructions]. Please note that this conference call is being recorded.
I will now turn the call over to Senior Vice President, Investor Relations and Finance, Mr. Jason Armstrong. Please go ahead, Mr. Armstrong.
Jason Armstrong
Thank you, operator, and welcome, everyone. Joining me on this morning's call are Brian Roberts, Mike Cavanagh, Steve Burke, Dave Watson and Jeremy Darroch. Brian and Mike will make formal remarks; and Steve, Dave and Jeremy will also be available for Q&A. As always, let me now refer you to Slide 2, which contains our safe harbor disclaimer and remind you that this conference call may include forward-looking statements subject to certain risks and uncertainties. In addition, in this call, we will refer to certain non-GAAP financial measures. Please refer to our 8-K and trending schedules for the reconciliations of non-GAAP financial measures to GAAP.
With that, let me turn the call over to Brian Roberts for his comments. Brian?
Brian Roberts
Thank you, Jason, and good morning, everyone. We delivered strong operational and financial results in the third quarter with each of our businesses contributing to our company's growth. Together, we surpassed 55 million customer relationships, grew pro forma EBITDA by 7%, delivered 16% growth in adjusted EPS, generated significant free cash flow and paid nearly $1 billion in dividends while further strengthening our balance sheet. Our results in the quarter and over many years are evidence that our strategy is working.
