Cineplex Inc. reported a loss of -C$2.198 million for the second quarter, with earnings of -C$0.03 per share compared to -C$21.439 million, or -C$0.33 per share, last year. The company’s revenue for the period increased by 30.5% to C$361.816 million from C$277.336 million in the previous year. The company’s earnings at a glance show a significant decrease in earnings and EPS compared to the previous year, while revenue saw a substantial increase.
Read more at Nasdaq: Cineplex Inc. Q2 Loss Decreases