Rogers Communications (RCI) Reports Q4 EPS of C$0.74
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Rogers Communications Reports Fourth Quarter 2016 Results
January 26, 2017 6:54 AM ESTRogers closes 2016 with continued strong revenue growth and solid flow through to adjusted operating profit and free cash flow: Total service revenue and adjusted operating profit both up 3% Wireless service revenue growth of 6% and adjusted operating profit growth of 5% Wireless postpaid net additions of 93,000, up 62,000 year on year, with steady churn of 1.35% year on year Cable revenue up slightly and adjusted operating profit growth of 2% as higher-margin Internet represents a greater proportion of total Cable revenue Positive... More
