- BCE press release ( NYSE: BCE ): Q2 Non-GAAP EPS of C$0.87 beats by C$0.03.
- Revenue of C$5.86B (+2.8% Y/Y) in line.
- Shares +4% PM.
- Consolidated adjusted EBITDA up 4.6% driven by 3.8% service revenue growth
- Media revenue up 8.7% with 5.6% adjusted EBITDA growth; digital revenue up 55%
- Free cash flow was $1,333 million, up 7.1% from $1,245 million in Q2 2021, as higher cash flows from operating activities, excluding acquisition and other costs paid, was partly offset by increased capital expenditures.
- FY 2022 Guidance: Revenue growth to be between 1-5%; Adjusted EBITDA growth of 2% – 5%; Non-GAAP EPS growth of 2% – 7%;
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BCE Non-GAAP EPS of C$0.87 beats by C$0.03, revenue of C$5.86B in line