Cogeco Communications Inc. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was CAD 730.5 million compared to CAD 736.65 million a year ago. Net income was CAD 93.68 million compared to CAD 98.38 million a year ago. Basic earnings per share from continuing operations was CAD 2.21 compared to CAD 2.21 a year ago. Diluted earnings per share from continuing operations was CAD 2.2 compared to CAD 2.19 a year ago.
For the six months, sales was CAD 1,478.19 million compared to CAD 1,498.95 million a year ago. Net income was CAD 183.17 million compared to CAD 209.88 million a year ago. Basic earnings per share from continuing operations was CAD 4.23 compared to CAD 4.66 a year ago. Diluted earnings per share from continuing operations was CAD 4.21 compared to CAD 4.64 a year ago.