Corus Entertainment Inc. reported earnings results for the third quarter and nine months ended May 31, 2022. For the third quarter, the company reported sales was CAD 433.46 million compared to CAD 403 million a year ago. Net income was CAD 29.62 million compared to CAD 40.67 million a year ago. Basic earnings per share from continuing operations was CAD 0.14 compared to CAD 0.2 a year ago. Diluted earnings per share from continuing operations was CAD 0.14 compared to CAD 0.19 a year ago.
For the nine months, sales was CAD 1,258.99 million compared to CAD 1,182.23 million a year ago. Net income was CAD 122.01 million compared to CAD 152.63 million a year ago. Basic earnings per share from continuing operations was CAD 0.59 compared to CAD 0.73 a year ago. Diluted earnings per share from continuing operations was CAD 0.59 compared to CAD 0.73 a year ago.