Rogers Communications Revises Full-Year 2024 Service Revenue Guidance

MT Newswires Live

01-03

Rogers Communications (RCI) said Friday it now expects full-year 2024 total service revenue growth of "just over" 7%, compared with its prior guidance range of 8% to 10%.

The change is due to "weakness" in media revenue during Q4, the company added.

The Canadian entertainment company will report its Q4 results and 2025 outlook on Jan. 30.

Shares of the company were down 1.3% in recent Friday premarket activity.

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