Corus Entertainment (TSE:CJR.B) Second Quarter 2023 Results
Key Financial Results
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Revenue: CA$343.9m (down 4.9% from 2Q 2022).
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Net loss: CA$15.5m (down 195% from CA$16.2m profit in 2Q 2022).
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CA$0.08 loss per share (down from CA$0.078 profit in 2Q 2022).
All the numbers shown in the chart above are for the trailing 12 month (TTM) period
Corus Entertainment Revenue Insights
Looking ahead, revenue is forecast to remain flat over the next 3 years compared to the 2.8% growth forecast for the Canadian Media industry.
Demonstration of Canadian Media Industry.
The company’s shares are down 14% from a week ago.
Risk Analysis
You have to remember the risks, for example – there is Corus Entertainment 1 warning sign we think you should know.
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