Cogeco reports higher Q2 profit of $79.8M as revenue slides to $713M
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MONTREAL – Cogeco Inc. reported a $79.8 million profit during the second quarter, rising about four per cent from $76.6 million last year.
On a per diluted share basis, its earnings amounted to $1.97 compared with $1.88 during the same period a year earlier.
Cogeco’s revenue came in at $713 million for the period ended Feb. 28, falling more than five per cent year-over-year from $753.2 million.
The company also updated its guidance, lowering its expected revenue and adjusted earnings before deductions for the 2026 fiscal year, citing higher pressure on its U.S. internet subscriber revenue.
Frédéric Perron, Cogeco’s president and CEO, says the company’s Canadian performance remains strong, while it expects more challenging financial results in its U.S. segment for the first half of the year.
Cogeco Communications Inc., the company’s cable and internet subsidiary, reported a profit of $83.6 million during the period, rising from $79.6 million during the prior year quarter.
This report by The Canadian Press was first published April 9, 2026.
Companies in this story: (TSX:CGO)