Cogeco and Cogeco Communications Schedule the Release of their Financial Results for the Fourth Quarter of Fiscal 2021 and Related Conference Call newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
(1)) compared to the same period of the prior year to reach $624.3 million;
Adjusted EBITDA
Free cash flow
Cogeco Communications announced the acquisition of WideOpenWest’s Ohio broadband systems; and
A quarterly eligible dividend of $0.64 was declared.
MONTRÉAL, July 14, 2021 /CNW Telbec/ – Today, Cogeco Communications Inc. (TSX:CCA) (“Cogeco Communications” or the “Corporation”) announced its financial results for the third quarter ended May 31, 2021, in accordance with International Financial Reporting Standards (“IFRS”).
OPERATING RESULTS
For the third quarter of fiscal 2021:
Revenue increased by 3.1% to reach $624.3 million. On a constant currency basis, revenue increased by 8.8%, mainly explained as follows:
Canadian broadband services revenue increased by 10.2% as a result of the DERYtelecom acquisition completed on December 14, 2020, the cumulative effect of sustained demand for residential high-speed Internet since the beginning of the pandemic
Cogeco Communications Inc Announces that Atlantic Broadband Will Acquire the Ohio Broadband Systems of WideOpenWest apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.