Corus Entertainment says advertising revenue declines as company reports Q4 earnings

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Corus Entertainment says advertising revenue declines as company reports Q4 earnings
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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 ...

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.

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. Warren Buffett is set to indirectly bet on a tiny nation that's the world's fastest-growing economy and an emerging oil superpower

 

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