Friday, October 25, 2024
9:51 AM EST – Corus Entertainment Inc. : Announced its fourth-quarter and annual financial results today. Consolidated revenue decreased 21% for the quarter and 16% for the year. Consolidated segment profit decreased 9% for the quarter and 15% for the year. Net loss attributable to shareholders of $25.7 million ($0.13 loss per share basic) for the quarter and $772.6 million ($3.87 loss per share basic) for the year, which includes non-cash impairment charges of $960.0 million for the year ($742.0 million after tax). Corus Entertainment Inc. (T.CJR.B) shares were down $0.01 at 0.15.
Stocks in Play: Corus Entertainment Inc. , Fri, 25 Oct 2024 09:57:06 EST