Rogers Communications (RCI) Reports Q1 EPS of Cdn$0.77 on Revenues of Cdn$3.49B
Rogers Communications (NYSE: RCI) reported Q1 EPS of Cdn$0.77, versus Cdn$0.68 reported last year. Revenue for the quarter came in at Cdn$3.49 billion, versus Cdn$3.42 billion reported last year.
"Our solid first quarter results reflect disciplined execution in each of our business units, and our continued ability to support the needs of our customers despite the challenges of the pandemic," said Joe Natale, President and CEO. "We saw total revenue growth led by improvements in our Cable and Media businesses, and in our Wireless business, saw low churn and strong postpaid subscriber growth. We are confident in our long-term growth strategy and are well positioned as the economy continues to recover. We remain focused on making generational investments in our networks, our customers, and our country, including expanding Canada's largest 5G network and connecting even more rural, remote, and Indigenous communities."
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