US EditionCogeco Releases its Financial Results for the Second Quarter of Fiscal 2025
- Cogeco Inc. Reported a profit of $18.2 million in its second quarter, down from $24.0 million a year earlier.
- Revenues for the quarter were $753.2 million, slightly up from $751.9 million in the same quarter of 2024.
- Cogeco's subsidiary reported a profit of $74.7 million, down about 20 percent from $93.7 million.
- Frédéric Perron stated that the company's new operating model is gaining traction and noted strong internet subscriber growth in Canada.
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Cogeco earnings decline to $18.2 million in second quarter
MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $18.2 million in its second quarter, down from earnings of $24.0 million during the same period a year earlier. Revenues for the quarter ended Feb. 28 were $753.
Cogeco Releases its Financial Results for the Second Quarter of Fiscal 2025
Three-year transformation program fully underway. Canadian wireless launch preparation on track, with customer pre-registration now ongoing. Year-over-year increase in customer satisfaction, in both Canada and the United States. Fiscal 2025 financial guidelines maintained. A quarterly dividend of $0.922 per share was declared, representing an 8.0% increase over the prior year. MONTRÉAL, April 9, 2025 Today, Cogeco Inc. (TSX:CGO) ("Cogeco" or the…
Cogeco Communications reports drops in Canadian profit, revenue for Q2 2025 - The Wire Report
Canadian revenue during the most recent quarter was $370.21 million — down 0.9 per cent from $373.48 million, while operating expenses were nearly $177.72 million. The post Cogeco Communications reports drops in Canadian profit, revenue for Q2 2025 appeared first on The Wire Report.
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