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Broadband

Cogeco revenues rise over 16% in Q1

Friday 11 January 2019 | 10:57 CET | News
Cogeco Communications reported higher revenues and adjusted EBITDA for its fiscal first quarter to end November 2018. The company also said it will keep its dividend at USD 0.525 per share, after raising it in the fourth quarter from 0.475. Revenues in Q1 advanced 16.3 percent from the year before to USD 643.3 million, with the 61.5 percent jump at the American broadband services segment fully offsetting the 1.4 decrease at Canadian broadband services and 3.2 percent decline at Business ICT.

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Categories: Fixed
Companies: Cogeco Communications
Countries: Canada / United States
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