Corus Entertainment Inc. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was CAD 299.54 million compared to CAD 343.87 million a year ago. Net loss was CAD 9.78 million compared to CAD 15.45 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to CAD 0.08 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to CAD 0.08 a year ago.
For the six months, sales was CAD 669.44 million compared to CAD 775.06 million a year ago. Net income was CAD 22.93 million compared to CAD 15.94 million a year ago. Basic earnings per share from continuing operations was CAD 0.12 compared to CAD 0.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.12 compared to CAD 0.08 a year ago.