TELUS Reports $245M Net Loss Amid $500M Goodwill Impairment; Adjusted EPS Falls 12% to $0.22

Reuters
08-01
TELUS Reports $245M Net Loss Amid $500M Goodwill Impairment; Adjusted EPS Falls 12% to $0.22

TELUS Corporation has reported its financial results for the second quarter of 2025. The company's consolidated EBITDA increased by $3 million to approximately $1.7 billion compared to the same period last year. This growth was partially offset by higher restructuring and other costs of $12 million, primarily related to TELUS Digital's restructuring program in one of its European delivery locations. Adjusted EBITDA saw a 1% increase, rising to more than $1.8 billion, reflecting varied results across TELUS' reportable segments. The Technology and Telecommunications (TTech) segment experienced a 3% growth in Adjusted EBITDA during this period. Net income attributable to common shares stood at $7 million, with restructuring and other costs adding $104 million. The adjusted basic earnings per share $(EPS)$ was reported at $0.22, down 12% from the same period last year. Looking ahead, TELUS has issued guidance on non-GAAP measures used to evaluate its performance and manage its capital structure. These measures provide insights into the company's underlying business trends and ongoing operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TELUS Corporation published the original content used to generate this news brief on August 01, 2025, and is solely responsible for the information contained therein.

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