Cogeco Communications Q1 Earnings Call Highlights

2 hours ago 1

MarketBeat

Thu, January 15, 2026 astatine 9:27 AM CST 7 min read

Cogeco Communications logo

U.S. turnaround is gaining traction with improved internet-subscriber trends (best lawsuit metrics successful 15 quarters), selective web upgrades and a caller integer brand, and absorption expects “materially improving” U.S. fiscal trends successful the backmost fractional of fiscal 2026.
Canadian operations stay unchangeable with positive year‑over‑year EBITDA and 8,900 net adds successful Q1, though absorption expects much humble wireline lawsuit maturation successful Q2 owed to heightened contention and immoderate network-permitting delays.
Consolidated results showed gross down 4.9% and adjusted EBITDA down 3.7% successful changeless currency, the institution maintained its fiscal 2026 guidance, declared a quarterly dividend of CAD 0.987 (up 7%), and is prioritizing debt reduction with a people to revisit buybacks erstwhile leverage and currency visibility improve.
Interested successful Cogeco Communications Inc.? Here are 5 stocks we similar better.

Cogeco Communications (TSE:CCA) reported first-quarter fiscal 2026 results that absorption said were successful enactment with its program and near the institution connected way to present full-year guidance crossed cardinal show indicators. On the net call, executives pointed to continued betterment successful U.S. subscriber trends arsenic the centerpiece of a turnaround effort, portion Canadian operations posted unchangeable gross and affirmative EBITDA growth. The institution besides declared a quarterly dividend of CAD 0.987 per share, up 7% year-over-year.

CEO Fred Perron told investors that Cogeco’s U.S. turnaround is “working,” citing a 2nd consecutive 4th of improved subscriber trends and “our champion U.S. lawsuit metrics successful the past 15 quarters.” He said the company’s ambition has shifted from localized betterment to a broader extremity of repeatable lawsuit maturation crossed its U.S. footprint, though helium cautioned that this volition not beryllium achieved arsenic soon arsenic adjacent quarter.

→ Inside D-Wave’s Major Acquisition—What Changes for Investors

Perron emphasized respective factors helium believes enactment continued improvement:

In astir fractional of Cogeco’s U.S. footprint, penetration remains beneath 20%, which absorption views arsenic a maturation runway that tin offset losses elsewhere.
The institution is selectively upgrading its web successful what it described arsenic a capital-efficient manner, including a motorboat of 2.5 gigabit speeds during the quarter.
Cogeco is inactive ramping caller income channels and selling capabilities and plans to motorboat an “oxio-like” afloat integer 2nd marque successful the U.S. adjacent month.

Perron said Cogeco expects “materially improving fiscal trends” for its U.S. concern opening successful the 2nd fractional of the fiscal year. Management besides noted that Moody’s and S&P precocious improved their outlook connected the company’s debt, portion DBRS reaffirmed a unchangeable outlook.