Shaw Communications reports lower Q3 net earnings on flat revenue

Revenue up 1% to $1.34 billion, net Q3 income of $228 million

Cable and media company Shaw Communications Inc. reports a lower third-quarter net income of $228 million, or 47 cents per share.

Calgary-based Shaw missed analysts’ expectations on earnings per share by two cents.

In the same quarter last year, Shaw earned a net profit of $250 million, or 52 cents per share.

Revenue in the quarter was $1.34 billion, up 1% year-over-year.

Revenue in the company’s cable division vision was $845 million, an increase of 2%, while revenue in the media division was $301 million, down from $307 million year-over-year.

The company’s satellite TV operations had revenue of $220 million in the quarter, up from $218 in the same quarter last year.

Media Articles

Facebook to close desktop ad exchange

What comes next now that FB shifts focus from desktop to mobile ads?

The neuroscience that explains TV’s enduring appeal

Brainsights research shows size matters when it comes to ad format

Thinkingbox looks to grow globally with new funding

Vancouver-based digital production studio lands its first outside investor

CRTC calls hearing into skinny basic rollout

Hearing will determine if BDUs are adhering to regulator's plan to offer Canadians more choice

Mobile driving gains in time spent with media (Report)

Time spent with digital exceeds TV by nearly an hour each day

The creator class

One year later, Much Digital Studios has grown its talent roster and advertiser base

Cieslok provides ad support for Covenant House fundraiser

Digital campaign supports organization's annual Wine & Dine event

CBC making digital strides after difficult transition: Lacroix

Company has hired 150 digital creators, with plans to add another 300

Google Maps may soon direct you to… more ads

Promoted pins will highlight deals and offers along the user's route