Rogers stock down despite solid Q2 earnings

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Sad faceChalk it up to poor forecasts, issues with iPhone pricing, or less than stellar subscriber numbers, but Rogers’ 12% earnings increase last quarter did little to assuage stockholders. Stock price is down to around $34 from $39 last week despite making $CAN 364 million last quarter versus $CAN 299 million last year. Unfortunately, wireless additions were down to 92,000 versus 133,000 last year, but this doesn’t take into account the full punch of the iPhone, and you can bet that the BlackBerry Bold will be pushing Q3 numbers in a good direction as well.

(via cellular-news)

  • Nikolaus Walch

    Woo Hoo!!! Die Rogers Die!!

  • Nikolaus Walch

    Woo Hoo!!! Die Rogers Die!!