OTTAWA (dpa-AFX) - Rogers Communications Inc. (RCI.TO, RCI), a diversified Canadian communications and media company, reported Thursday that its second-quarter net income declined 24 percent to C$405 million from C$532 million last year.
Earnings per share declined 18 percent to C$0.76 from C$0.93 last year.
Adjusted net income was C$432 million or C$0.84 per share, compared to C$497 million or C$0.96 per share a year ago.
Operating revenue remained flat at C$3.212 billion, reflecting revenue growth of 1 percent in Media and 6 percent in Business Solution. Wireless network revenue was relatively unchanged year over year,
Consolidated adjusted operating profit margin was 40.9 percent this quarter, higher than the same quarter last year.
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