Q1 2025 Results April 23, 2025 1 Cautionary note The following materials are for presentation purposes only. They accompany the discussions held during Rogers Communications Inc.'s (Rogers) investor conference call on April 23, 2025. Certain statements made in this presentation, including, but not limited to, statements relating to expected future events, financial and operating results, guidance, objectives, plans, strategic priorities and other statements that are not historical facts, are forward-looking ...

Rogers Communication (RCI) reported $3.47 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 4.7%. EPS of $0.69 for the same period compares to $0.73 a year ago.The reported revenue represents a surprise of -1.19% over the Zacks Consensus Estimate of $3.51 billion. With the consensus EPS estimate being $0.71, the EPS surprise was -2.82%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...

Rogers Communication (RCI) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.82%. A quarter ago, it was expected that this communications and media company would post earnings of $0.95 per share when it actually produced earnings of $1.04, delivering a surprise of 9.47%.Over the last ...

Core Insights - Rogers Communications Inc. reported continued growth in subscribers and financials, with a strong margin improvement year-over-year despite a slowing market [1][2] - The company announced a $7 billion minority equity investment, significantly improving its balance sheet and reducing its debt leverage ratio to 3.6x from 5.2x [1][19] Financial Performance - Total revenue for Q1 2025 was CAD 4,976 million, a 2% increase from CAD 4,901 million in Q1 2024 [3][34] - Total service revenue also increased by 2% to CAD 4,447 million, driven by growth in the wireless and media segments [3][11] - Adjusted EBITDA rose by 2% to CAD 2,254 million, with an adjusted EBITDA margin of 45.3% [3][34] - Net income increased by 9% to CAD 280 million, while adjusted net income rose by 1% to CAD 543 million [3][17] Subscriber Growth - The company added a total of 57,000 mobile phone and Internet subscribers, with 34,000 net additions in mobile phone subscribers [2][6] - Postpaid mobile phone churn improved to 1.01%, down from 1.10% in the previous year [6][36] Segment Performance - Wireless revenue increased by 1% to CAD 2,544 million, with service revenue from external customers at CAD 2,003 million [36][42] - Cable revenue decreased by 1% to CAD 1,935 million, attributed to competitive promotional activity and subscriber base declines [42][47] - Media revenue surged by 24% to CAD 596 million, driven by higher sports-related revenue and advertising [49][51] Capital Expenditures - The company invested CAD 978 million in capital expenditures, with a focus on network development and 5G deployment [3][52] - Wireless capital expenditures were CAD 407 million, while cable capital expenditures decreased to CAD 446 million [52][56] Strategic Initiatives - Rogers was awarded Canada's most reliable wireless network by Opensignal in February 2025 [5] - The company launched several new products and services, including the first commercial deployment of Ericsson 5G Cloud RAN technology and a new home Internet backup solution [13][54]

Core Insights - Rogers Communications has been recognized as the most reliable 5G wireless network in Canada by umlaut, reinforcing its leadership in network reliability [1][2] - The company has won umlaut's "Best in Test" wireless benchmark award for seven consecutive years, demonstrating superior performance in voice, data, and reliability [2][3] Investment and Network Expansion - Over the past decade, Rogers has invested more than $40 billion in its networks and plans to invest an additional $4 billion in capital investments this year [4] - The 5G network now reaches over 2,500 communities across Canada, highlighting the company's commitment to expanding its network [4] Company Commitment - The company emphasizes its dedication to providing Canadians with the best wireless networks and plans, focusing on reliability and customer experience [3][4] - Rogers continues to prioritize network performance and customer satisfaction, as evidenced by its consistent recognition in independent benchmarking [2][3]

Core Viewpoint - Rogers Communications Inc. has successfully received the necessary consents to amend the indentures governing its various notes, allowing for a subsidiary equity investment without violating existing covenants [1][2]. Summary by Relevant Sections Amendments to Indentures - The amendments will clarify that the subsidiary equity investment is not subject to the debt limitation covenant of Rogers' subsidiaries and does not constitute a default under the indentures [2]. - For the Shaw Notes, the amendments will align certain non-financial terms with those in other Canadian dollar denominated notes issued by Rogers [2]. Series of Notes - The company has multiple series of notes, including: - US dollar denominated notes with interest rates ranging from 2.90% to 7.50% maturing between 2025 and 2044 [3]. - Canadian dollar denominated notes with interest rates ranging from 3.25% to 6.75% maturing between 2027 and 2052 [3]. Consent Solicitation Details - The consent solicitations expired on April 15, 2025, and supplemental indentures will be executed for each series of notes to implement the amendments [3][4]. - Consent fees will be paid to holders of the notes who provided valid consents prior to the expiration time, with specific timelines for payment based on the type of notes [4]. Future Expectations - The subsidiary equity investment is expected to be consummated in the second quarter of 2025, which will trigger the payment of consent fees [4].

RCI Hospitality Holdings, Inc. (RICK) provided an update on its business for the second quarter of fiscal 2025. The company expects to release second-quarter fiscal 2025 results by May 12, 2025. Following the news, its shares declined 7.2% yesterday.Details of RICK’s Q2 RevenuesDuring the fiscal second quarter, RICK reported total sales of $65.4 million, indicating a decline of 8.9% year over year. Same-store sales declined 4.7% year over year.Sales from Nightclubs were $57.1 million, down 3.1% year over ye ...

Renews highly coveted and valuable hockey rights long termWill deliver more national games and fewer blackouts to hockey fansRogers is proud to remain the home of NHL hockey TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- Rogers Communications and the National Hockey League (NHL) today announced a 12-year agreement for the national media rights to NHL games on all platforms in Canada through the 2037-38 season. The $11 billion CDN agreement starts in 2026-27 following the conclusion of the current landmark 12-y ...

Company Overview - RCI Hospitality (NASDAQ: RICK) operates a portfolio of adult nightclubs and a military-themed sports bar and casual dining restaurant chain called Bombshells [1] Market Context - The equity market serves as a powerful mechanism for wealth creation or destruction over the long term, with daily price fluctuations contributing to significant changes in value [1] Investment Strategy - Pacifica Yield focuses on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Core Viewpoint - RCI Hospitality Holdings, Inc. (NASDAQ: RICK) recently reported its Q1 earnings, prompting an analysis of the company's performance over the past year and insights into potential investment opportunities [1]. Company Performance - The analysis focuses on the company's financial results for Q1, which have not been previously covered, indicating a need for deeper insights into its operational performance [1]. Investment Strategy - The company is positioned as a long-term investment opportunity, appealing to investors with a 5-10 year horizon, emphasizing a portfolio strategy that includes a mix of growth, value, and dividend-paying stocks, with a particular focus on value [1].