Cogeco Communications Inc
CCA: XTSE (CAN)
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| %Y% | LOCK|^^ | LOCK|dr>mDj |
Cogeco Communications Earnings: Focus on Cost Reductions Helps Offset Stiff Competition
Cogeco Communications posted a revenue decline of 2.7% in constant currency for the second quarter, highlighting the competitive wireline environment in Canada and the US. However, EBITDA was stable, and the EBITDA margin at nearly 49% is evidence of management's focus on cost reduction.
