January 25, 2018 / 12:14 PM / 9 months ago

Canada's Rogers Communications posts profit vs. year-ago loss

Jan 25 (Reuters) - Canadian cable and telecom company Rogers Communications Inc on Thursday posted a quarterly profit from a year-ago loss, when it took a C$484 million impairment charge.

The Toronto-based company's net income was C$419 million ($340 million), or 81 Canadian cents per share, in the last three months of 2017, compared with a loss of C$9 million, or 2 Canadian cents per share, a year earlier.

Revenue rose to C$3.63 billion from C$3.51 billion.

$1 = 1.2318 Canadian dollars Reporting by Alastair Sharp in Toronto and Ahmed Farhatha in Bengaluru; Editing by Maju Samuel

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