Cogeco Cable Posts Decline In Q2 Profit

Cogeco Cable Inc CGEAF posted a drop in its second-quarter profit from continuing operations. The company earned C$31.1 million, or 63 Canadian cents a share, from continuing operations, versus C$41.3 million, or 85 Canadian cents a share, in the year-earlier period. Its revenue climbed 8% to C$317.7 million.