Shaw Communications (SJR) Tops Q4 EPS by 10c, Revenues Beat

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Shaw Announces Fourth Quarter and Full Year Fiscal 2019 ResultsĀ and Introduces Fiscal 2020 Financial Guidance

October 25, 2019 8:00 AM EDT

Record Wireless net subscriber additions of 90,700 in the fourth quarter resulting in over 266,000 new customers during the yearWireless revenue exceeds $1 billion in fiscal 2019 and Wireless operating income before restructuring and amortization grows 45% year-over-year to over $205 millionContinued growth in Broadband customers, including 11,400 Consumer Internet additions in the fourth quarter, and delivery of efficiency initiatives, lead to solid Wireline results for the year and a 90-basis point improvement in operating margin to 45.5%Adjusted fiscal 2019 results in line with... More