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Shaw Communications Q4 consolidated revenue $1.3 billion

Staff writer ▼ | October 23, 2015
Shaw Communications announced consolidated financial and operating results for the fourth quarter and fiscal 2015.
Shaw Communications
Shaw Communications   Total operating income was $573 million
Consolidated revenue for the quarter and fiscal year of $1.3 billion and $5.5 billion, respectively, were up 6.3% and 4.7% over the comparable periods.

Total operating income before restructuring costs and amortization for the quarter and fiscal year of $573 million and $2.4 billion, respectively, improved 9.1% and 5.2% over the comparable periods.

These results reflect the operations of ViaWest, which was acquired on September 2, 2014.

Net income was $276 million or $0.57 per share for the fourth quarter compared to $192 million or $0.40 per share for the comparable period.

This increase was driven primarily by improvement in operating income before restructuring costs and amortization and a one-time gain on the sale of spectrum licenses for advanced wireless service partially offset by an increase in amortization and income taxes.

Net income for fiscal 2015 was $880 million or $1.80 per share compared to $887 million or $1.84 per share for fiscal 2014.


 

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