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Stock impact report

UPDATE 1-Canada's Rogers Communications tops Q1 subscriber additions estimate [Yahoo! Finance]

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: Yahoo! Finance
for first-quarter wireless subscriber additions on Wednesday, with rapid growth in the country's immigrant population boosting demand for its services. The company added 98,000 net monthly bill-paying wireless phone subscribers in the quarter ended March 31, compared with analysts' average expectation for net additions of 77,530, according to 10 analysts polled by Visible Alpha. In Canada, rising population driven by temporary foreign workers and immigrants has sparked demand for companies such as Rogers Communications, even as it faces fierce competition from BCE and Telus Corp. Canada's population touched a record high of 40.77 million in 2023, Statistics Canada said in March. The country added 1.27 million people in 2023, up 3.2% from the previous year - marking the highest growth since 1957. In the reported quarter, free cash flow, a metric closely watched by investors to help determine dividend payouts, rose 58% from a year earlier to C$586 million ($428.27 million). ($1 Show less Read more
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