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BRIEF-Rogers Communications Reports Third Quarter 2018 Results

Published 2018-10-19, 07:19 a/m
© Reuters.  BRIEF-Rogers Communications Reports Third Quarter 2018 Results
RCI
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Oct 19 (Reuters) - Rogers Communications Inc RCIb.TO :

* ROGERS COMMUNICATIONS REPORTS THIRD QUARTER 2018 RESULTS

* INCREASING FULL-YEAR 2018 GUIDANCE FOR ADJUSTED EBITDA GROWTH TO 7 PCT TO 9 PCT AND FOR FREE CASH FLOW GROWTH TO 5% TO 7 PCT

* QTRLY REVENUE $3,769 MILLION, UP 3 PERCENT

* QTRLY DILUTED EARNINGS PER SHARE $1.15

* QTRLY ADJUSTED DILUTED EARNINGS PER SHARE $1.21

* Q3 EARNINGS PER SHARE VIEW C$1.17, REVENUE VIEW C$3.78 BILLION -- THOMSON REUTERS I/B/E/S

* QTRLY POSTPAID NET ADDITIONS OF 124,000

* QTRLY POSTPAID CHURN OF 1.09 PCT, IMPROVED 7 BASIS POINTS

* QTRLY BLENDED ABPU INCREASED 4 PCT AND BLENDED ARPU INCREASED 3 PCT

* QTRLY INTERNET NET ADDITIONS OF 35,000, UP 6,000

* INCREASING OUR GUIDANCE RANGES FOR FULL-YEAR 2018 CONSOLIDATED ADJUSTED EBITDA

* QTRLY CABLE INTERNET SUBSCRIBER NET ADDITIONS 35,000 VERSUS 27,000 ADDITIONS OF REPORTED LAST YEAR

* ROGERS COMMUNICATIONS- QTRLY CABLE TELEVISION NET LOSSES 18,000 VERSUS NET LOSSES OF 18,000 REPORTED LAST YEAR

* QTRLY WIRELESS SUBSCRIBER BLENDED MONTHLY ARPU $57.21 VERSUS $55.81

* FY2018 REVENUE VIEW C$15.06 BILLION -- THOMSON REUTERS I/B/E/S

* ALL FIGURES IN C$

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