May 14 (Reuters) - Quebecor Inc QBRb.TO :
* . REPORTS CONSOLIDATED RESULTS FOR THE FIRST QUARTER OF 2020
* Q1 EARNINGS PER SHARE C$0.52
* Q1 EARNINGS PER SHARE ESTIMATE C$0.47 -- REFINITIV IBES DATA
* QTRLY REVENUE $1.06 BILLION, UP $28.2 MILLION (2.7%)
* QUEBECOR - SET UP $500,000 EMERGENCY FUND TO PROVIDE FINANCIAL RELIEF TO SPORTS & ENTERTAINMENT SEGMENT'S EMPLOYEES, CONTRIBUTORS, FREELANCERS
* IMPACT OF COVID 19 CRISIS IN Q1 WAS LIMITED
* COVID-19 VIRUS, MEASURES TO PREVENT SPREAD HAVE LED TO SIGNIFICANT REDUCTION IN VOLUME AT VIDEOTRON RETAIL OUTLETS
* COVID-19 VIRUS ALSO LED TO DELAYS IN CLIENT MIGRATION TO NEW HELIX ENTERTAINMENT AND HOME MANAGEMENT PLATFORM
* QUEBECOR - COVID-19 VIRUS ALSO LED TO LOWER AD REVENUE, SIGNIFICANT DROP OF SPORTING EVENTS BROADCAST BY TVA SPORTS CHANNEL
* QUEBECOR - COVID-19 VIRUS ALSO LED TO REDUCED FILM AND AUDIOVISUAL CONTENT ACTIVITY IN MEDIA SEGMENT
* ON FEBRUARY 21, 2020, TVA GROUP AMENDED SECURED REVOLVING CREDIT FACILITY TO EXTEND TERM FROM FEB 2020 TO FEB 2021
* TVA GROUP AMENDED ITS SECURED REVOLVING CREDIT FACILITY TO ALSO LOWER LIMIT FROM $150.0 MILLION TO $75.0 MILLION