Tag: RCI
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Rogers’ Q3 Profit Soars on MLSE Deal, but Adjusted Earnings Dip
Media segment growth masks slight weakness in wireless service revenue Key Numbers Rogers Communications Inc. (TSX:RCI.B) reported a massive third-quarter profit of $5.75 billion, though this headline figure was heavily skewed by a $5-billion one-time, non-cash gain from its acquisition of Maple Leaf Sports & Entertainment (MLSE). While total revenue grew to $5.35 billion, its Read more