July 10 (Reuters) - Shaw Communications Inc SJRb.TO :
* SHAW ANNOUNCES THIRD QUARTER AND YEAR-TO-DATE FISCAL 2020 RESULTS
* Q3 REVENUE FELL 0.8 PERCENT TO C$1.31 BILLION
* WIRELESS FINANCIAL PERFORMANCE HAD SERVICE REVENUE GROWTH OF 17.0% IN QUARTER
* DURING Q3, EXPERIENCED A REDUCTION IN OVERALL WIRELINE AND WIRELESS SUBSCRIBER ACTIVITY, REDUCED WIRELESS EQUIPMENT SALES
* QTRLY EARNINGS PER SHARE $0.35
* EXPECTS TO DELIVER ADJUSTED EBITDA GROWTH IN FISCAL 2020
* SHAW COMMUNICATIONS - DURING Q3, EXPERIENCED IMPROVEMENT IN WIRELESS POSTPAID CHURN, RISE OF ABOUT 50% IN WIRELINE NETWORK USAGE, EXTENDED PEAK HOURS
* IN FISCAL 2020 FREE CASH FLOW IS EXPECTED TO BE SUBSTANTIALLY IN LINE WITH PREVIOUS GUIDANCE
* IN QUARTER, LOST ABOUT 5,500 NET WIRELESS RGUS CONSISTING OF 2,200 POSTPAID ADDITIONS AND 7,700 PREPAID LOSSES
* ALL OF FREEDOM MOBILE'S RETAIL STORES ARE NOW OPEN FOR BUSINESS AS OF JUNE 30
* QTRLY WIRELESS SERVICE REVENUE ROSE 17.0% TO $206 MILLION
* SHAW COMMUNICATIONS - DURING Q3, SAW FALL IN WIRELESS ROAMING AND OVERAGE REVENUE, $5 MILLION RISE IN BAD DEBT EXPENSE, SUSPENSION, CANCELLATION
* FINANCIAL IMPACTS FROM COVID-19 IN Q3 WERE NOT MATERIAL
* QTRLY WIRELESS SERVICE ABPU GREW BY ABOUT 5.7% TO $44.27
* COVID-19 SITUATION IS STILL UNCERTAIN IN TERMS OF ITS MAGNITUDE, OUTCOME AND DURATION
* QTRLY WIRELESS SERVICE ARPU ROSE 2.6% TO $38.94
* STRATEGY REMAINS TO SCALE WIRELESS BUSINESS AND CONTINUE TO GROW SUBSCRIBER BASE
* Q3 WIRELINE REVENUE OF APPROXIMATELY $1.06 BILLION DECREASED 1.1%
* Q3 EARNINGS PER SHARE VIEW C$0.30, REVENUE VIEW C$1.26 BILLION -- REFINITIV IBES DATA