Quebecor reports “strong financial performance” in Q3

MONTREAL – Quebecor today reported its third quarter financial results, which show its revenues were up 3% from the same quarter in 2020 to $1.2 billion and adjusted EBITDA increased 1% to $520.3 million. Quebecor reported an increase in revenue in its media segment from $157.2 million in Q3 2020 to $190.6 million in Q3 2021. Adjusted EBITDA for the segment increased from $24.9 million to $36.6 million. Sports and entertainment also saw an increase in both revenue and adjusted EBITDA with revenue going from $48.5 million in Q3 2020 to $49.1 million in 2021 and adjusted EBITDA going from...