January 14, 2015 / 12:32 AM / in 3 years

Canada's Cogeco Cable profit rises 14 percent

Jan 13 (Reuters) - Canadian regional cable and Internet company Cogeco Cable Inc reported a higher quarterly profit helped by increased revenue from the American cable services business.

Profit rose to C$56.7 million, or C$1.16 per share in the first quarter ended Nov. 30, compared with C$49.7 million, or C$1.02 per share, a year earlier.

Revenue rose 4.6 percent to C$497 million.

$1 = 1.1950 Canadian dollars Reporting by Tanvi Mehta in Bengaluru; Editing by Lisa Shumaker

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