TORONTO–Rogers Communications Inc reported a fourth-quarter earnings of $558 million, up from $328 million a yr beforehand, as its earnings bordered better.
The agency states its earnings totaled as much as $1.02 per watered down share for the quarter finishedDec 31, up from 62 cents per watered down share within the final 3 months of 2023.
Revenue amounted to $5.5 billion, up from $5.3 billion a yr beforehand.
The agency states its cordless resolution earnings was up 2 p.c, whereas cordless instruments earnings elevated 9 p.c. Cable resolution earnings was regular.
Media earnings elevated 10 p.c, largely as an end result of better sporting activities- and entertainment-related earnings, nevertheless it was lower than the agency anticipated.
On a modified foundation, Rogers states it made $1.46 per watered down share in its most present quarter, up from a modified earnings of $1.19 per watered down share.
This document by The Canadian Press was very first releasedJan 30, 2025.
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