Rogers beats quarterly revenue estimates, higher priced mobile bundles to credit
- Rogers Communications Inc. reported a profit of $148 million for the quarter ended June 30, which is down from $394 million a year ago.
- Revenue for Rogers increased to $5.22 billion, up from $5.09 billion in the same quarter last year.
- Rogers added 61,000 total mobile phone net subscribers, including 35,000 postpaid and 26,000 prepaid.
- Retail internet net additions for Rogers totaled 26,000 during this reporting period.
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·Toronto, Canada
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Rogers Communications Inc. beat analysts’ estimates in the second quarter, posting higher sales in its wireless and media divisions, and raised its 2025 revenue outlook after buying control of Toronto’s basketball and hockey teams.
·United States
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Total News Sources23
Leaning Left9Leaning Right2Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
R 17%
Factuality
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