Postmedia Network Canada Corp. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported revenue was CAD 97.34 million compared to CAD 111.83 million a year ago. Net loss was CAD 20.1 million compared to CAD 20.78 million a year ago. Basic loss per share from continuing operations was CAD 0.2 compared to CAD 0.21 a year ago. Diluted loss per share from continuing operations was CAD 0.2 compared to CAD 0.21 a year ago.
For the six months, revenue was CAD 201.95 million compared to CAD 236 million a year ago. Net loss was CAD 30.71 million compared to CAD 36.69 million a year ago. Basic loss per share from continuing operations was CAD 0.31 compared to CAD 0.37 a year ago. Diluted loss per share from continuing operations was CAD 0.31 compared to CAD 0.37 a year ago.