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Cable Operators

Solid 2Q for Rogers

7/21/2004 5:21 AM Eastern

Second-quarter operating profit was up 20.4% at Rogers Communications Inc., to $445.789 million from $370.206 million in the prior-year quarter, the Canadian MSO said Wednesday.

Operating revenue rose 14.5% to $1.343 billion from $1.173 billion in the second quarter of 2003.

Net income fell 89.8% to $5.495 million, or a loss of 3 cents per share, versus $54.06 million (18 cents) in the year-ago period.

September