Comcast: Epic Universe gives boost to quarterly earnings report
Theme park revenue climbed 18.7% in the third quarter for Comcast Corp., propelled by the early months of operation of Epic Universe, the company reported Thursday.
The attractions segment, which includes Universal Orlando as part of Comcast’s content and experiences division, took in $2.7 billion in the quarter that ended Sept. 30. Epic Universe theme park debuted May 22.
“We’re really pleased with the early results from Epic, which are driving higher per-cap spending and attendance across the entirety of Universal Orlando,” said Jason Armstrong, Comcast’s chief financial officer.
Officials said the new park is performing as designed by making the resort more of a draw to weeklong visitors.
“The full resort of Orlando is very strong,” said Mike Cavanagh, Comcast president. He said there has been less “cannibalization” of Universal Studios and Islands of Adventure, the pre-existing parks of Universal Orlando, than anticipated.

“Our focus now is just driving increased ride capacity. It’s a new park and very technologically advanced, so working on the labor and the kinks to drive it to full capacity,” said Cavanagh, who will become co-CEO of the company in January.