Earnings News
FONT-SIZE Plus   Neg

Quebecor Q3 Net Income Down - Quick Facts

Quebecor Inc. (QBR_MV_A.TO, QBR_A.TO) revealed a decline in third-quarter net income attributable to shareholders to C$18.6 million or C$0.30 per share from C$26.1 million or C$0.40 per share a year ago, reflecting a charge pertaining to goodwill impairement totaling C$187.0 million in the current quarter.

Adjusted income from continuing operations totaled C$52.1 million or C$0.83 per basic share.

Meanwhile, revenues for the quarter rose by 4.4 percent to C$1.059 billion from C$1.014 billion in the prior year.

Additionally, the company said its Board has declared a quarterly dividend of C$0.05 per share on Class A Multiple Voting Shares and Class B shares, payable on December 24, to shareholders of record on November 29.

Click here to receive FREE breaking news email alerts for Quebecor Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus
FREE Newsletters, Analysis & Alerts


Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.