BCE profit slips to $258-million 01:06PM Wednesday May 07 2008 by fourboxers
BCE Inc. reported a 48 per cent drop in first-quarter profit on Wednesday amid little changed revenue and higher restructuring and regulatory costs.
Profit slipped to $258-million, or 32 cents a share in the quarter ended March 31, from $499-million, or 62 cents in the year-earlier period. Excluding certain charges and gains, BCE said profit would have climbed to 57 cents in the quarter from 52 cents a year earlier.
home