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Cogeco Communications ( (TSE:CCA) ) has provided an update.
Cogeco Communications reported strong financial results for the first quarter of fiscal 2025, with a notable increase in Internet subscribers in Canada and improved performance in the U.S. The company has embarked on a three-year transformation program aimed at enhancing agility and competitiveness, with plans to launch wireless services in Canada soon. Key financial indicators, including adjusted EBITDA and profit, have shown growth, and the company declared an increased quarterly dividend, reflecting its robust financial health.
More about Cogeco Communications
Cogeco Communications is a company in the telecommunications industry, providing high-speed Internet services and preparing for a wireless launch in Canada. It operates under the brands Cogeco and oxio in Canada and focuses on network expansion and improving subscriber metrics in the U.S.
YTD Price Performance: -0.69%
Average Trading Volume: 9,602
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.98B
For an in-depth examination of CCA stock, go to TipRanks’ Stock Analysis page.
