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Blue Jays playoff run helps boost Q4 profit and revenue at Rogers Communications
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CityNews Halifax
TORONTO — The Toronto Blue Jays and their playoff run to Game 7 of the World Series helped Rogers Communications Inc. grow its fourth-quarter profit and revenue compared with a year earlier.
The result was up from a profit of $558 million or $1.02 per diluted share in the last three months of 2024.
On an adjusted basis, Rogers says it earned $1.51 per diluted share in its latest quarter, up from an adjusted profit of $1.46 per diluted share a year earlier.
The increase came as media revenue at Rogers, which includes the Jays, rose to $1.24 billion for the quarter, up from $547 million a year earlier.
Wireless revenue for the quarter totalled $2.97 billion, compared with $2.98 billion a year earlier, while cable revenue held steady at $1.98 billion.