Cogeco Inc. (CGO) Earnings Call Transcripts

Cogeco Inc.'s Latest Earnings Call - Q2 FY2026

In Q2 2026, Cogeco Inc. reported a revenue decline of 2% year-over-year, reflecting increased competitive pressure in the U.S. market. Adjusted EBITDA also declined by 1.5%, leading management to revise guidance for the fiscal year, now expecting a revenue decline of negative 2% to 4% versus the previous estimate of negative 1% to 3%. Despite challenges in the U.S., management remains optimistic about Canadian operations, which continue to show positive growth, and highlighted ongoing efforts to leverage AI for operational efficiencies and customer retention.

Reported metrics

Guidance from management

Management expects revenue in the U.S. to decline by negative 2% to 4% for the fiscal year, reflecting increased competitive pressures. Canadian operations are expected to continue generating positive growth.

What management said

Good morning, and welcome to our second quarter results conference call. So as usual, before we begin the call, I'd like to remind listeners that today's discussion will include estimates and other forward-looking information. We ask that you review the cautionary language in the press releases and MD&A issued yesterday as well as in our annual reports regarding the various risks, assumptions and uncertainties that c...

Sure. So well, first of all, you don't see volume from it in the results that we just reported, just to be clear on that because it launched at the last 2 days of the quarter. In the next couple of quarters, it's still relatively small volumes, but every bit counts. It will be an S-curve for sure. That's what we saw with oxio as well. What is exactly the length of the S-curve, it's a little too soon to say, Matt.

What analysts pressed on

Analysts expressed concerns regarding the competitive landscape in the U.S., particularly around pricing pressures and subscriber losses. There were questions about the sustainability of recent promotional activities and the impact of new market entrants.

Main topics on the call

• Guidance Revision — Management revised its fiscal year guidance due to increased competitive pressures in the U.S., now expecting revenue to decline by negative 2% to 4% compared to the previous estimate of negative 1% to 3%. CFO Patrice Ou...
• Canadian Market Performance — Cogeco reported solid performance in Canada with positive year-on-year growth in adjusted EBITDA. Frederic Perron stated, "we expect solid financials for the rest of the year in Canada as well," indicating confidence in ...
• U.S. Competitive Environment — Management acknowledged increased competitive intensity in the U.S., with pricing pressures impacting both subscriber growth and ARPU. Perron mentioned, "we have seen a slight uptick even since our last earnings call, an...
• AI Integration — Cogeco is accelerating its integration of AI technologies to enhance customer service and operational efficiencies. Perron highlighted, "we're really starting to make good headways into AI agents across our operations," ...

Read the full Cogeco Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 31 Cogeco Inc. earnings call transcripts on record, spanning January 15, 2020 to July 16, 2026. Based on this history, Cogeco Inc. reports quarterly. The most recent call on file is dated July 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CGO

Exchange

TSX

Country

CA

Sector

Communication Services

Industry

Diversified Telecommunication Services

Calls on record

31

First call

January 15, 2020

Most recent

July 16, 2026

Reporting cadence

quarterly