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Stock impact report

BCE reports first quarter 2024 results

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
Company Research Source: PR Newswire
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" later in this news release. The information contained in this news release is unaudited.Consolidated adjusted EBITDA1 growth of 1.1% better than Q1 plan, delivering 0.8 percentage-point increase in adjusted EBITDA margin2 to 42.7% on 2.0% lower operating costs Net earnings of $457 million, down 42.0%, with net earnings attributable to common shareholders of $402 million, down 44.6% or $0.44 per common share; adjusted net earnings1 of $654 million yielded adjusted EPS1 of $0.72, down 15.3%Cash flows from operating activities down 9.2% to $1,132 million; free cash flow1 stable at $85 million Wireless operating momentum continues: highest Q1 mobile phone postpaid net activations3 since 2018, up 4.5% to 45,247; blended average revenue per user (ARPU)4 remains essentially stable in a competitive Show less Read more
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