Rogers Communications is reporting a 35 per cent increase in second-quarter net income, beating analyst estimates.
Its net income was $531 million or $1.03 per share, while adjusted profit was $1 per share.
Analysts had estimated Rogers (TSX:RCI.B) would have 90 cents per share of net income, or 93 cents per share after adjustments, according to Thomson Reuters.
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How Carleton is using simulation and visualization to improve training, design and human performance
From healthcare to aviation to architecture, simulation and visualization tools have become an essential part of training, analysis and decision-making in sectors that rely on precision. At Carleton University, researchers
How Carleton is using simulation and visualization to improve training, design and human performance
From healthcare to aviation to architecture, simulation and visualization tools have become an essential part of training, analysis and decision-making in sectors that rely on precision. At Carleton University, researchers
Revenue was $3.59 billion, up four per cent from last year’s second quarter and within analyst estimates.
It’s the first financial report issued by the Toronto-based telecommunications and media company since Joe Natale became its CEO in April.
Natale is a former CEO of Telus (TSX:T), where he had a reputation of building customer satisfaction and reducing turnover.
He said in today’s announcement that Rogers will improve customer service but also intensify a company-wide focus on controlling costs and improving profitability for shareholders.
