Cogeco earnings, EBITDA, grow in Q2

MONTREAL – Cogeco Inc. saw its second quarter revenue increase by 7.7%, to reach $578.5 million in the second quarter of 2016, driven by growth in the company’s the cable and enterprise data services segment (which it now calls its communications segment)The improvement of its American broadband services operations, combined with favorable foreign exchange rates compared to the same period of the prior year, helped drive results, says the company’s Wednesday evening press release.Adjusted EBITDA increased by or 10.1%, to reach $252.1 million compared to the same period of fiscal 2015, and was also helped by the improvement in the...