CGEAF - Cogeco Communications GAAP EPS of C$2.16 revenue of C$728.12M; reaffirms FY23 guidance
- Cogeco Communications press release ( OTCPK:CGEAF ): FQ3 GAAP EPS of C$2.16.
- Revenue of C$728.12M (+16.6% Y/Y).
- Cogeco Communications maintains its fiscal 2022 financial guidelines as issued on April 13, 2022: On a constant currency basis, the Corporation expects fiscal 2023 revenue to grow between 2% and 4% and adjusted EBITDA between 1.5% and 3.5%.
- Net capital expenditures should reach between $750 and $800 million.
- As a result of these growth initiatives, free cash flow is expected to decrease between 2% and 12%.
- Adj. free cash flow on a constant currency and consolidated basis would otherwise be within a range encompassing a decrease of 5% to an increase of 5%.
For further details see:
Cogeco Communications GAAP EPS of C$2.16, revenue of C$728.12M; reaffirms FY23 guidance