BCE (TSE:BCE) has released an update.
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BCE Inc. reported a notable 2.1% growth in adjusted EBITDA for Q3 2024, achieving the highest quarterly margin in over three decades at 45.6%. Despite a significant net loss primarily due to media asset impairment charges, the company saw strong free cash flow growth and impressive activations in mobile and internet services. Bell Media also reported substantial revenue growth, driven by advancements in digital platforms.
For further insights into TSE:BCE stock, check out TipRanks’ Stock Analysis page.