Rogers pulls financial guidance as pandemic hits profit, revenue [Toronto Globe and Mail (Ontario, Canada)]
Rogers Communication, Inc. (RCI)
Last rogers communication, inc. earnings: 4/22 07:00 am
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Source: Toronto Globe and Mail
Rogers pulls financial guidance as pandemic hits profit, revenue Rogers Communications Inc. is reporting a drop in its first-quarter earnings and revenue and withdrawing its financial guidance as it grapples with the fallout from the COVID-19 pandemic. Rogers saw its first-quarter revenue decline by 5 per cent to $3.42-billion, from $3.59-billion a year ago. It identified a number of factors including lower handset sales due to the pandemic and a decline in roaming revenues as the company suspended fees to help travellers get home. Rogers also saw a 12-per-cent drop in its media revenues as advertising declined and major sports leagues were suspended in mid-March. Net income for the three-month period ended March 31 was $352-million, down 10 per cent from the same quarter last year when the company reported $391-million. The earnings amounted to 68 cents per share, compared to 76 cents per share during the same period last year. Rogers added 257,000 postpaid wireless subscribers durin
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RCI
Earnings
- 10/23/25 - Beat
RCI
Sec Filings
- 10/23/25 - Form 6-K
- 10/23/25 - Form 6-K
- RCI's page on the SEC website