The television and radio broadcaster says its profits amounted to 25 cents per diluted share for the quarter ended Aug. 31, compared with a loss of $1.82 cents per diluted share in the same quarter last year.
Revenue totalled $338.8 million for the company's fourth quarter, down slightly from $339.6 million a year earlier. But on an adjusted basis, Corus says it recorded a loss of four cents per share for the quarter, compared with a loss of eight cents per share in the same quarter last year. The company says revenues for the year decreased as a result of declines in almost all advertising categories as well as subscriber revenues, which was partially offset by an increase in distribution, production and other revenue.
The company says it is awaiting a decision from the CRTC in response to its application earlier this month asking the regulator to ease some Canadian content spending requirements.The Canadian Press
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,947.85, down 38.64 points): Enbridge...
Baca lebih lajut »
Europe Inc warns business is tough on home turfSome of Europe's top companies, including Volkswagen and Unilever warned on Thursday that business in the region is increasingly tough, underscoring concerns...
Baca lebih lajut »
Europe Inc warns business is tough on home turfExplore stories from Atlantic Canada.
Baca lebih lajut »
Europe Inc warns business is tough on home turfSome of Europe's top companies, including Volkswagen and Unilever warned on Thursday that business in the region is increasingly tough, underscoring concerns...
Baca lebih lajut »
Europe Inc warns business is tough on home turfMarket News
Baca lebih lajut »