Shaw Communications (SJR) Reports Q1 EPS of Cdn$0.36, Revenues Beat

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Shaw Announces First Quarter Fiscal 2019 Results

January 14, 2019 8:01 AM EST

Consolidated revenue increased 8.8% and operating income before restructuring costs and amortization1 improved 13.5% year-over-year due to the continued growth in Wireless, Business and Consumer Internet and the realization of cost saving initiativesContinued momentum in Wireless supported by innovative, data-centric offerings resulted in strong postpaid Wireless subscriber additions of over 86,000 in the quarter and 12% year-over-year growth in average billing per subscriber unit (ABPU) 2 to $41.99Significant improvement in Wireless postpaid churn2 to 1.28% compared to first quarter fiscal 2018

CALGARY, Alberta, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Shaw Communications Inc. (Shaw or the Company)... More