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Quebecor reports Q1 profit down, revenue up

Winnipeg Free Press By: The Canadian Press Last Modified: 8:10 AM CDT Thursday, May. 13, 2021 Save to Read Later MONTREAL - Quebecor Inc. reported its first-quarter profit fell compared with a year ago as its revenue climbed higher, helped by gains in its telecommunications business. Quebecor president and CEO Pierre Karl Peladeau addresses the media company s annual meeting in Montreal on Thursday, May 9, 2019. THE CANADIAN PRESS/Paul Chiasson MONTREAL - Quebecor Inc. reported its first-quarter profit fell compared with a year ago as its revenue climbed higher, helped by gains in its telecommunications business. The company says its net income attributable to shareholders totalled $121.3 million or 49 cents per share for the quarter ended March 31, down from a profit of $131.6 million or 52 cents per share a year ago.

Quebecor reports drop in first-quarter profit, telecommunications helps lift revenue higher

Quebecor reports drop in first-quarter profit, telecommunications helps lift revenue higher
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Quebecor reports Q1 profit down, telecommunications helps lift revenue higher | iNFOnews

Quebecor reports Q1 profit down, telecommunications helps lift revenue higher Quebecor president and CEO Pierre Karl Peladeau addresses the media company s annual meeting in Montreal on Thursday, May 9, 2019. THE CANADIAN PRESS/Paul Chiasson May 13, 2021 - 11:37 AM MONTREAL - Quebecor Inc. reported its first-quarter profit fell compared with a year ago as its revenue climbed higher, helped by gains in its telecommunications business and recent acquisitions. The Montreal-based company said Thursday that its net income attributable to shareholders totalled $121.3 million or 49 cents per share for the quarter ended March 31, down from a profit of $131.6 million or 52 cents per share a year ago.

TVA Group Reports Q1 2021 Results

Share this article Share this article MONTREAL, May 10, 2021 /CNW Telbec/ - TVA Group Inc. ( TVA Group or the Corporation ) announced today that it recorded operating revenues in the amount of $140.8 million in the first quarter of 2021, a year-over-year increase of $3.7 million. The net loss attributable to shareholders was $4.5 million or $0.10 per share, compared with a net loss attributable to shareholders of $0.7 million or $0.02 per share for the same quarter of 2020. First quarter operating highlights: Consolidated adjusted EBITDA 1 of $2,136,000, a $6,371,000 unfavourable variance from the same quarter of 2020. $3,421,000 in negative adjusted EBITDA 1 in the Broadcasting segment, a $7,250,000 unfavourable variance due primarily to a decrease in profitability at TVA Sports, which recorded a significant increase in costs as a result of the change in the broadcast schedule for the National Hockey League ( NHL ) 2020-2021 season, partially offset by increased profit

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