Cogeco reports $81.5M Q4 profit as company navigates 'challenging' U.S. environment
Cogeco Inc. reported a profit of $81.5 million during its fourth quarter, compared with a profit of $76.2 million during the same period a year earlier.
That amounted to a profit of $1.87 per diluted share for the quarter ended Aug. 31, compared with diluted earnings per share of $1.71 last year.
Cogeco reported its revenue for the fourth quarter reached $713.9 million, down year-over-year from $731.4 million.
Chief executive Frédéric Perron says Cogeco is coping with a "challenging competitive environment" in the U.S., which resulted in higher customer losses during the quarter.
The Montreal-based telecommunications company also issued financial guidance for its 2027 financial year, saying it expects low to mid single digit per cent decline in revenue compared with this year
Cogeco Communications Inc., the company's cable and internet subsidiary, reported a fourth-quarter profit of $87 million, compared with a profit of $81.7 million during the prior year quarter.
This report by The Canadian Press was first published Oct. 29, 2026.
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