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Published on 9/12/2017 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Comcast generates ‘significant’ free cash flow, sees ‘bright’ future

By Devika Patel

Knoxville, Tenn., Sept. 12 – Comcast Corp. management foresees a “bright” future as it has been seeing “significant” amounts of free cash flow.

“[We] have a significant free cash flow generation,” chairman and chief executive officer Brian L. Roberts said at the Goldman Sachs 26th Annual Communacopia Conference in New York on Tuesday.

“We really do believe the future is bright,” he said.

Comcast is a media and technology company based in Philadelphia.


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