TDIV - Rogers Comm's Q1 Earnings Exceed Expectations Driven by Wireless Strength | Benzinga
Rogers Communications Inc (NYSE:RCI) reported fiscal first-quarter 2024 revenue growth of 28% year-over-year to $3.64 billion (4.90 billion Canadian dollars), beating the consensus of $3.58 billion.
The adjusted EPS of $0.73 (CA$0.99) beat the consensus of $0.72.
Total service revenue grew 31% Y/Y to CA$4.36 billion on higher revenue growth in the Cable and Wireless businesses.
Wireless service revenue increased by 9% Y/Y, mainly aided by the cumulative impact of growth in the mobile phone subscriber base and revenue from Shaw Mobile subscribers.
Wireless equipment revenue increased ...