Rogers Comm's Q1 Earnings Exceed Expectations Driven by Wireless Strength
Rogers Comm's Q1 Earnings Exceed Expectations Driven by Wireless Strength
Wireless service revenue increased by 9% Y/Y, mainly aided by the cumulative impact of growth in the mobile phone subscriber base and revenue from Shaw Mobile subscribers.Rogers Communications Inc (NYSE:RCI) reported fiscal first-quarter 2024 revenue growth of 28% year-over-year to $3.64 billion (4.90 billion Canadian dollars), beating the consensus of $3.58 billion.
罗杰斯通讯公司（纽约证券交易所代码：RCI）报告称，2024财年第一季度收入同比增长28％，达到36.4亿美元（合49.0亿加元），超过了市场预期的35.8亿美元。
The adjusted EPS of $0.73 (CA$0.99) beat the consensus of $0.72.
调整后的每股收益为0.73美元（0.99加元），超过了市场预期的0.72美元。
Total service revenue grew 31% Y/Y to CA$4.36 billion on higher revenue growth in the Cable and Wireless businesses.
由于有线和无线业务的收入增长，总服务收入同比增长31％，达到43.6亿加元。
Wireless service revenue increased by 9% Y/Y, mainly aided by the cumulative impact of growth in the mobile phone subscriber base and revenue from Shaw Mobile subscribers.
无线服务收入同比增长9％，这主要得益于手机用户群增长和Shaw Mobile用户收入增长的累积影响。
Wireless equipment revenue increased by 4%, primarily due to a continued shift in the product mix towards higher-value devices.
无线设备收入增长了4％，这主要是由于产品组合继续向更高价值的设备转移。
Cable service revenue rose 94% Y/Y, aided by the acquisition of Shaw. Media revenue decreased by 5% Y/Y, due to lower subscriber revenue.
有线电视服务收入同比增长94％，这得益于对Shaw的收购。由于订户收入减少，媒体收入同比下降了5％。
Rogers attracted 98,000 net postpaid mobile phone subscribers, up 3.2% Y/Y, with a churn of 1.10%.
罗杰斯吸引了98,000名后付费手机净用户，同比增长3.2％，流失率为1.10％。
Adjusted EBITDA increased 34% Y/Y to CA$2.21 billion, with margins increasing 210 bps to 45.2% due to improving synergies and efficiencies.
调整后的息税折旧摊销前利润同比增长34％至22.1亿加元，利润率增长210个基点至45.2％，这要归因于协同效应和效率的提高。
Rogers generated CA$586 million in free cash flow for the quarter, up 58% Y/Y. It held CA$0.8 billion in cash and cash equivalents as of March-end. Capital expenditure rose 19% Y/Y to CA$1.06 billion.
罗杰斯在本季度创造了5.86亿加元的自由现金流，同比增长58％。截至3月底，它持有8亿加元的现金和现金等价物。资本支出同比增长19％，至10.6亿加元。
Dividend: The company declared a quarterly dividend of 50 cents on each of its outstanding Class B Non-Voting shares and Class A Voting shares.
股息：该公司宣布其已发行的B类无表决权股票和A类有表决权的股票的季度股息为50美分。
"We continued to deliver industry-leading growth in the first quarter, our ninth straight quarter of growth and momentum," said Tony Staffieri, President and CEO.
总裁兼首席执行官托尼·斯塔菲里表示：“我们在第一季度继续实现行业领先的增长，这是我们连续第九个季度实现增长和势头。”
Rogers Communications stock lost 20% in the last 12 months. Investors can gain exposure to the stock via First Trust VL Dividend (NYSE:FVD) and First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV).
罗杰斯通讯的股票在过去12个月中下跌了20％。投资者可以通过第一信托VL股息（纽约证券交易所代码：FVD）和第一信托纳斯达克科技股息指数基金（纳斯达克股票代码：TDIV）获得股票敞口。
Price Action: RCI shares are trading lower by 3.7% at $38.12 at the last check Wednesday.
价格走势：在周三的最后一次检查中，RCI股价下跌3.7％，至38.12美元。