Shaw Communications Suffers 2% Revenue Decline In Q2 As Omicron Variant Peaked In Canada
Shaw Communications Inc (NYSE:SJR) reported a second-quarter FY22 revenue decline of 2% year-on-year to C$1.36 billion. EPS was C$0.39. Adjusted EBITDA declined 0.8% to C$632 million, and the margin expanded by 60 bps to 46.5%. Wireline revenue decreased 1.3% Y/Y to C$1.04 billion, and Wireless revenue decreased 3.9% to C$323 million. The Wireless…
Benzinga ·