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Quebecor reports Q3 profit down from year ago, revenue creeps higher
Published Thursday, November 7, 2019 8:31AM EST
Quebecor Inc. reported its third-quarter profit fell compared with a year ago as its revenue edged higher.
MONTREAL -- Quebecor Inc. reported its third-quarter profit fell compared with a year ago as its revenue edged higher.
That compared with a profit attributable to shareholders of $187.1 million or 80 cents per share in the same quarter last year.
Revenue for the quarter totalled $1.07 billion, up from $1.05 billion a year ago.
Adjusted income from continuing operating activities totalled $173.8 million or 68 cents per share.
That compared with adjusted income from continuing operating activities of $141.5 million or 61 cents per share a year ago.
This report by The Canadian Press was first published Nov. 7, 2019.