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Stock impact report

Rogers Communications Reports First Quarter 2024 Results

Rogers Communication, Inc. (RCI) 
Last rogers communication, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.rogers.com
Company Research Source: GlobeNewswire
Reports nine straight quarters of industry-leading growthReaffirms industry-leading 2024 financial guidance More Canadians continue to choose Rogers over any other carrier 124,000 postpaid mobile phone and retail Internet net addsPostpaid mobile phone net adds of 98,000, up 3,000Retail Internet net adds of 26,000, up 12,000 Delivers industry-leading growth in Cable and Wireless Total service revenue up 31%; adjusted EBITDA up 34%Wireless service revenue and adjusted EBITDA up 9% Wireless blended ARPU up 1%; up 3% on a pro forma basis (for Shaw Mobile) Cable service revenue up 94%; adjusted EBITDA up 97% Exceeding Shaw merger commitments $1 billion annualized synergy savings achieved - one year ahead of scheduleIndustry-leading Cable margins of 56%Debt leverage ratio at 4.7 times; on track to achieve 4.2 times by year-end Introduces meaningful innovation for Canadians First carrier in Canada to complete national live test Show less Read more
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