Rogers Communications Reports Strong Q1 2025 Results

Rogers Communication ( (RCI) ) has released its Q1 earnings. Here is a breakdown of the information Rogers Communication presented to its investors.

Rogers Communications Inc., a leading Canadian telecommunications and media company, operates in the wireless, cable, and media sectors, providing a range of services from mobile phone and internet to television and radio broadcasting.

Rogers Communications reported a positive financial performance for the first quarter of 2025, with growth in both subscriber numbers and financial metrics despite a challenging market environment. The company announced a $7 billion minority equity investment aimed at reducing its debt leverage ratio significantly.

Key financial highlights include a 2% increase in total service revenue and adjusted EBITDA, with a consolidated adjusted EBITDA margin of 45%. The company added 57,000 new mobile phone and internet subscribers, and its media segment saw a 24% increase in revenue, driven by a new agreement with the NHL. Rogers also reported a 9% increase in net income, reaching $280 million, and maintained a strong cash flow position.

Looking ahead, Rogers Communications remains committed to its strategic priorities, including network expansion and service innovation, while maintaining a positive outlook for continued revenue and EBITDA growth throughout 2025.