Cogeco Communications Inc. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was CAD 750.58 million compared to CAD 741.79 million a year ago. Net income was CAD 70.4 million compared to CAD 95.89 million a year ago. Basic earnings per share from continuing operations was CAD 1.68 compared to CAD 2.17 a year ago. Diluted earnings per share from continuing operations was CAD 1.67 compared to CAD 2.16 a year ago.
For the nine months, sales was CAD 2,228.77 million compared to CAD 2,240.73 million a year ago. Net income was CAD 253.58 million compared to CAD 305.77 million a year ago. Basic earnings per share from continuing operations was CAD 5.91 compared to CAD 6.83 a year ago. Diluted earnings per share from continuing operations was CAD 5.89 compared to CAD 6.8 a year ago.