- BCE press release ( NYSE: BCE ): Q4 Non-GAAP EPS of C$0.71 misses by C$0.01 .
- Revenue of C$6.44B (+3.7% Y/Y) beats by C$50M .
- Robust Q4 broadband customer growth with 330,743 total net activations — 122,621 postpaid and prepaid mobile phone, 104,447 mobile connected devices, 63,466 retail Internet and 40,209 IPTV — up 46.6%.
- Cash flows from operating activities up 18.0% in Q4 to $2,056M, driving free cash flow growth of 64.2% to $376M.
- All 2022 financial guidance targets achieved.
- Outlook FY23 : Revenue growth of 1% to 5%; Adjusted EBITDA growth of 2% to 5%; Adjusted EPS growth of (3%) to (7%); Free cash flow growth of 2% to 10%.
For further details see:
BCE reports mixed Q4 earnings; initiates FY23 guidance