Cogeco Communications Inc
CCA: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?v | LOCK|mN | LOCK|f$<Mzg |
Cogeco Communications Earnings: Cost Controls Help as Competition Persists in the US and Canada
Cogeco Communications reported a 4.1% year-over-year decline in third-quarter revenue and a 2.4% decline in adjusted EBITDA, resulting in a near-50% margin, a five-year high. Management lowered full-year revenue guidance, while maintaining adjusted EBITDA and raising free cash flow guidance.
