07:49 AM EST, 11/06/2025 (MT Newswires) -- Telco Quebecor (QBR-A.TO, QBR-B.TO) on Thursday reported third-quarter adjusted net income per basic share and revenue which beat analysts' estimates.

The company reported third-quarter adjusted net income per basic share of C$1.05 per share, compared to $0.82 per share in the corresponding year-ago quarter, beating consensus estimates compiled by FactSet of $0.98 per share.

Net income attributable to shareholders was reported at $236.1 million in the third quarter, up from $189 million in the same period of 2024. The company said that the main favourable variances were an increase in adjusted EBITDA, decrease in the depreciation and amortization charge, and a decrease in financial expenses.

Third-quarter revenue was reported at $1.41 billion, compared to $1.39 billion in the year-ago quarter, beating consensus estimates compiled by FactSet of $1.39 billion.

The company also said that there was a net increase of 113,800 connections to the mobile telephony service, 10,500 subscriptions to the internet access service and 94,100 total revenue-generating units (RGUs) in the telecommunications segment.

The company said that, on Nov. 5, 2025, the board of directors of Quebecor declared a quarterly dividend of $0.35 per share on its Class A Shares and Class B Shares, unchanged from the last quarter. It is payable on Dec. 16, 2025, to shareholders of record at the close of business on Nov. 21, 2025.

"In the third quarter of 2025, it posted an 18.7% increase in free cash flows from operating activities; a 5.7% increase in adjusted EBITDA, which was up across all business segments; a 1.1% increase in revenues and a 25.7% increase in adjusted net income," said Quebecor's President and Chief Executive Officer, Pierre Karl Peladeau. "On the strength of these excellent results, driven by rigorous, disciplined management, we were able to reduce our consolidated net debt by more than $300 million in the third quarter of 2025 and nearly $700 million over the past 12 months."