BCE cuts revenue guidance as it reports third-quarter loss on asset impairment charge

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BCE cuts revenue guidance as it reports third-quarter loss on asset impairment charge
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BCE says its net loss attributable to common shareholders amounted to $1.24-billion or $1.36 per share for the quarter ended Sept. 30

reported a loss in its latest quarter as it recorded $2.11-billion in asset impairment charges, mainly related to Bell Media ’s TV and radio properties.

On an adjusted basis, BCE says it earned 75 cents per share in its latest quarter compared with an adjusted profit of 81 cents per share in the same quarter last year.

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