Shaw reports $1.25 billion in Q2 revenue, boosts guidance

CALGARY – Shaw Communications Inc. reported today that consolidated revenue for its second quarter and for the year to date was $1.25 billion and $2.57 billion, respectively, each up 2% over the comparable periods last year. Net income was $182 million for Q2 FY2013 and $417 million for the six months ended February 28, 2013, compared to $178 million and $380 million respectively for the same periods last year. Total operating income before amortization increased 9% to $538 million over the comparable quarterly period, and the year-to-date amount of $1.14 billion was up 8%. Free cash flow for the three-...