tiprankstipranks
Cogeco Communications Reports Growth Amid Restructuring
Company Announcements

Cogeco Communications Reports Growth Amid Restructuring

Story Highlights

Cogeco Communications (TSE:CCA) has released an update.

Pick the best stocks and maximize your portfolio:

Cogeco Communications reported a revenue increase of 1.2% in its third quarter fiscal 2024, with a noteworthy adjusted EBITDA growth of 4.1%. Despite facing restructuring costs leading to a 24.8% decrease in profit and a drop in free cash flow, the company declared a 10.1% higher quarterly dividend and maintained its financial outlook for the year.

For further insights into TSE:CCA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskCogeco Communications Prepares for Shareholder Meeting
TheFlyCogeco Communications price target raised to C$85 from C$84 at National Bank
TheFlyCogeco Communications price target lowered to C$77 from C$79 at RBC Capital
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App