Cineplex reports Q1 profit as sale of arcade game business boosts results

  • 📰 SooToday
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 85%

México Noticias Noticias

México Últimas Noticias,México Titulares

TORONTO — Cineplex Inc. reported a profit in its latest quarter compared with a loss a year ago as its results were boosted by the sale of its arcade game business. The movie theatre company says it earned $5.

TORONTO — Cineplex Inc. reported a profit in its latest quarter compared with a loss a year ago as its results were boosted by the sale of its arcade game business.

The movie theatre company says it earned $5.2 million or eight cents per diluted share in its latest quarter as it recorded a $67.3-million gain on the sale of Player One Amusement Group, which sells, distributes, operates and services arcade games and other equipment. The profit compared with a loss of $30.2 million or 48 cents per diluted share in the first quarter of 2023.

Revenue for the quarter ended March 31 totalled $294.8 million, up from $291.4 million in the same quarter last year. The results came as box office revenue per patron rose to $12.74 compared with $12.63 a year earlier, while concession revenue per patron averaged $8.95, up from $8.85 in the same quarter last year.This report by The Canadian Press was first published May 9, 2024.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 8. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Rogers CEO touts Amazon NHL deal, says company will pursue rights renewal in 2026TORONTO — The chief executive of Rogers Communications Inc.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Rogers CEO touts Amazon NHL deal, says company will pursue rights renewal in 2026TORONTO — The chief executive of Rogers Communications Inc.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Rogers CEO touts Amazon NHL deal, says company will pursue rights renewal in 2026TORONTO — The chief executive of Rogers Communications Inc.
Fuente: BurnabyNOW_News - 🏆 14. / 77 Leer más »

Rogers CEO touts Amazon NHL deal, says company will pursue rights renewal in 2026TORONTO — The chief executive of Rogers Communications Inc.
Fuente: PGCitizen - 🏆 65. / 51 Leer más »

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,969.24, up 83.86 points): Enbridge Inc. (...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »