Cogeco Communications Q3 profit increases five per cent on a boost in revenues
says its net profit in the third quarter increased five per cent to $100.3-million on a boost in revenues.
Revenue for the three months ended May 31 was $728.1-million, up 16.6 per cent from $624.3-million in the third quarter of 2021. Cogeco Communications says it expects fiscal 2023 revenue will grow two to four per cent in constant dollars with net capital expenditures ranging between $750-million and $800-million, including up to $230-million to expand its footprint in Canada and the U.S.
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