Brief: Cineplex Inc Reports Fourth Quarter And 2022 Year End Results

Cineplex

07/02/2023 11:37

Feb 7 (Reuters) - Cineplex Inc  CGX.TO :
    * . REPORTS FOURTH QUARTER AND 2022 YEAR END RESULTS
    * QTRLY TOTAL REVENUES INCREASED 16.7% TO $350.1 MILLION AS
COMPARED TO Q4 OF 2021
    * QTRLY EARNINGS PER SHARE BASIC AND DILUTED $0.16
    * QTRLY NET INCOME IMPROVED TO $10.2 MILLION AS COMPARED TO
A NET
LOSS OF $21.8 MILLION IN Q4 OF 2021
    * CINEPLEX IS IN A STRONGER POSITION NOW THAN IT WAS A YEAR
AGO
AND WE EXPECT THIS MOMENTUM WILL CONTINUE INTO 2023
    * Q4 EARNINGS PER SHARE VIEW C$-0.11, REVENUE VIEW C$341.5
MILLION
-- REFINITIV IBES DATA
    * UNLESS OTHERWISE SPECIFIED, ALL AMOUNTS ARE IN CANADIAN
DOLLARS

Source text for Eikon:  ID:nCNWg7nBja 
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