Shaw Communications Q1 revenue $1.39 billionStaff writer ▼ | January 15, 2015
Shaw Communications announced consolidated financial and operating results for the first quarter ended November 30, 2014. Consolidated revenue of $1.39 billion was up 2% over the comparable period last year.
Almost flat Increase of 2% for Shaw
Net income was $227 million or $0.46 per share for the quarter ended November 30, 2014.
Revenue and operating income before amortization in the Consumer division of $927 million and $405 million, respectively, compared to $945 million and $413 million for the same period last year. Business Network Services revenue of $127 million for the three month period compared to $119 million in the same period last year and operating income before amortization for the quarter of $61 million compared to $58 million last year.
Business Infrastructure Services revenue and operating income before amortization was $55 million and $21 million, respectively, for the quarter. For information purposes, and excluding the impact of foreign exchange, ViaWest is on track to achieve year-over-year low to mid-teen revenue and operating income before amortization growth.
Quarterly revenue in the Media division of $307 million compared to $325 million last year and operating income before amortization of $119 million compared to $137 million last year. ■