Q: Would appreciate your review of recent results. Thanks.
5i Research Answer:
In Q4-2025, CGO’s revenue declined by 5.0% in constant currency, primarily due to lower revenue per customer in the Canadian market and a loss in its subscriber base in the U.S. market. The company reported an adjusted EPS of $2.12, down from $2.65 last year, but still beating expectations of $1.91. Adjusted EBITDA came in at $357M, a 3.8% decline, slightly missing the estimate of $358M. The company declared a dividend per share of $0.987, an increase of around 7% compared to last year.
Overall, the recent operating results were quite weak but came largely in line with expectations. The company expects full-year revenue to decline in the range of (1%) to (3%) which reflects a challenging market environment for telcos.