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Corus Entertainment reports Q1 profit and revenue down from year ago
1 minute read Friday, Jan. 13, 2023TORONTO - Corus Entertainment Inc. reported its first-quarter profit fell compared with a year ago as its revenue also moved lower.
The television and radio company says it earned $31.4 million in net income attributable to shareholders or 16 cents per diluted share for the three months ended Nov. 30.
The result compared with a profit of $76.2 million or 36 cents per diluted share in the same quarter a year earlier.
Revenue totalled $431.2 million, down from $463.9 million a year earlier.
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