BCE Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 6,066 million compared to CAD 5,861 million a year ago. Net income was CAD 375 million compared to CAD 631 million a year ago. Basic earnings per share from continuing operations was CAD 0.37 compared to CAD 0.66 a year ago. Diluted earnings per share from continuing operations was CAD 0.37 compared to CAD 0.66 a year ago.For the six months, sales was CAD 12,120 million compared to CAD 11,711 million a year ago. Net income was CAD 1,146 million compared to CAD 1,542 million a year ago. Basic earnings per share from continuing operations was CAD 1.16 compared to CAD 1.62 a year ago. Diluted earnings per share from continuing operations was CAD 1.16 compared to CAD 1.62 a year ago.
TTM
Trailing Twelve Months
MRQ
Most Recent Quarter
BCE_pc
Gross margin TTM 42.74%
Operating margin TTM 22.3%
Net Profit margin TTM 10.06%
Return on Investment TTM 7.48%
Total Revenue
Net Income
Title
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Sep 30, 2022
Total Revenue 6,066 6,054 6,439 6,024
Gross Profit 2,672 2,565 2,670 2,601
Operating Income 1,440 1,364 1,258 1,420
Net Income 375 771 572 754
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BCE_pc
Quick Ratio MRQ 0.4
Current Ratio MRQ 0.55
LT Debt to Equity MRQ 163.29%
Total Debt to Equity MRQ 198.11%
Total Assets
Total Liabilities
Title
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Sep 30, 2022
Total Assets 70,049 69,975 69,329 68,560
Total Liabilities 48,600 47,708 46,814 45,579
Total Equity 21,449 22,267 22,515 22,981
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BCE_pc
Cash Flow/Share TTM 8.4
Revenue/Share TTM 26.95
Operating Cash Flow 18.78%
Cash
Net Change in Cash
Title
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Sep 30, 2022
Cash From Operating Activities 2,365 1,247 2,056 1,996
Cash From Investing Activities -1,456 -1,091 -1,939 -1,332
Cash From Financing Activities -750 436 -701 -527
Net Change in Cash -201 552 -634 137
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* In Millions of CAD (except for per share items)

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