Revenue, profits up at Cogeco

Firm earns $9.5 mil in third quarter

TORONTO -- Canadian cable operator and broadcaster Cogeco posted sharply higher third-quarter profits Thursday on increased cable revenue.

Montreal-based Cogeco earned CAN$9.5 million ($9.4 million) during the three months ending May 31, compared to CAN$3.1 million in the year-ago period.

Overall revenue rose 13.8% to CAN$283.9 million ($281 million), compared with year-earlier CAN$249.4 million in 207.
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