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Stocks in play: Corus Entertainment Inc.

Baystreet.ca - Baystreet - Fri Oct 25, 8:51AM CDT

Announced its fourth-quarter and annual financial results today. Consolidated revenue decreased 21% for the quarter and 16% for the year. Consolidated segment profit decreased 9% for the quarter and 15% for the year. Net loss attributable to shareholders of $25.7 million ($0.13 loss per share basic) for the quarter and $772.6 million ($3.87 loss per share basic) for the year, which includes non-cash impairment charges of $960.0 million for the year ($742.0 million after tax). Corus Entertainment Inc. shares T.CJR.B are trading down $0.01 at $0.15.

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