Rogers Media Revenue Grows, But Overall Q3 EPS Misses Estimates

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One of Canada’s biggest multimedia companies, which in July experienced a chilling days-long service outage, experienced a rather noteworthy achievement in the third quarter: Since that PR nightmare of a situation, which generated headlines across North America, Rogers Communications added 221,000 new cellphone customers.


Meanwhile, media revenue and adjusted EBITDA enjoyed a healthy year-over-year rise.

That said, the damage to the company from that massive outage was seen. While the company’s revenue was up in Q3, net income came in below the consensus estimate.

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