Cable / Telecom News

Cogeco’s Q2 revenues, profits, on the rise

MONTREAL - Cogeco Inc. saw a small uptick in revenue for the second quarter of its fiscal year, rising to $586.4 million from $578.5 million year-over-year.For the period ended February 28, 2017, adjusted EBITDA increased by 2.3%, to reach $258.0 million compared to the same period in fiscal 2016 as a result of the improvement in its Communications segment and media activities despite the prior year's sale of Métromédia CMR Plus Inc.Profit for the period amounted to $78.2 million of which $25.9 million was attributable to owners of the Corporation, compared to $75.7 million for the second quarter of fiscal 2016 of...