Earnings ·
Rogers Communications reported second quarter 2026 results for the period ended June 30, 2026, featuring total revenue…
RCIAFRogers Communications Inc
Rogers Communications reported second quarter 2026 results for the period ended June 30, 2026, featuring total revenue of $5.6 billion, an 8% increase year-over-year. The company recognized a net loss of $665 million, primarily due to a $1.034 billion non-cash loss from the revaluation of the Maple Leaf Sports & Entertainment (MLSE) put liability. On July 6, 2026, the company announced an agreement to acquire the remaining 25% interest in MLSE for $4.35 billion in cash, expected to close in the fourth quarter. Adjusted EBITDA rose 3% to $2.4 billion, and free cash flow reached $982 million. The company reaffirmed its 2026 outlook, including service revenue growth of 3% to 5%. Rogers Communications is a Canadian telecommunications, media, and sports company.