Corus Entertainment Inc. reported earnings results for the fourth quarter and full year ended August 31, 2024. For the fourth quarter, the company reported sales was CAD 269.35 million compared to CAD 338.84 million a year ago. Net loss was CAD 25.68 million compared to net income of CAD 50.41 million a year ago. Basic loss per share from continuing operations was CAD 0.13 compared to basic earnings per share from continuing operations of CAD 0.25 a year ago. Diluted loss per share from continuing operations was CAD 0.13 compared to diluted earnings per share from continuing operations of CAD 0.25 a year ago.
For the full year, sales was CAD 1,270.6 million compared to CAD 1,511.24 million a year ago. Sales was CAD 1,270.6 million compared to CAD 1,511.24 million a year ago. Net loss was CAD 772.64 million compared to CAD 428.72 million a year ago. Net loss was CAD 772.64 million compared to CAD 428.72 million a year ago. Basic loss per share from continuing operations was CAD 3.87 compared to CAD 2.15 a year ago. Basic loss per share from continuing operations was CAD 3.87 compared to CAD 2.15 a year ago. Diluted loss per share from continuing operations was CAD 3.87 compared to CAD 2.15 a year ago. Diluted loss per share from continuing operations was CAD 3.87 compared to CAD 2.15 a year ago.