Rogers Communications Third-Quarter Profit Falls as Revenue Rises
Rogers Communications reported lower third-quarter net income, reflecting a large prior-year accounting gain tied to its sports assets acquisition. Adjusted profit topped expectations on higher revenue.
By Adriano MarcheseRogers Communications reported a decline in third-quarter profit due to a large prior-year accounting gain tied to its sports assets acquisition, while adjusted profit topped expectations on higher revenue.The Canadian telecom company on Friday posted net income of 495 million Ca…