Can almost call it Telecom Thursday around these parts, with the nation's two largest service providers both reporting results.
Can almost call it Telecom Thursday around these parts, with the nation's two largest service providers both reporting results. Let's start with Rogers Communications – the companyfourth-quarter earnings expectations, with adjusted earnings per share coming in at $1.09 against analyst forecasts for $0.98, with the company's wireless unit leading the way. The telco added 193,000 wireless postpaid subscribers in the quarter, up some 37 per cent from a year ago.
Shell has reported its largest annual profit on record, with the bottom line swelling nearly US$40 billion as energy prices have remained firm in the wake of Russia's invasion of Ukraine. Lightspeed Commerce posted a $814.8 million net loss in its third quarter, driven in large part by a non-cash goodwill impairment charge of $748.7 million tied to the decline in the valuation of tech companies.
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