Corus Entertainment says advertising revenue declines as company reports Q4 earnings

  • 📰 SooToday
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 85%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

TORONTO — Corus Entertainment Inc. reported a net income attributable to shareholders of $50.4 million in its latest quarter, a turnaround from its net loss of $367.1 million in the fourth quarter of last year.

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

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

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...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Europe Inc warns business is tough on home turfExplore stories from Atlantic Canada.
출처: SaltWire Network - 🏆 45. / 63 더 많은 것을 읽으십시오 »

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...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Europe Inc warns business is tough on home turfMarket News
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »