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Toronto's Corus Entertainment reports Q3 loss of $30.3M on higher revenues

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TORONTO - Corus Entertainment (TSX:CJR.B) is reporting a third-quarter net loss of $30.3 million, or 36 cents per share, compared with a net profit of $89.9 million, or $1.07 per share, in the same quarter last year. Revenues were up 14 per cent to $214 million compared with $187.1 million year-over-year. Excluding items, Corus says it had an adjusted net income of $41.6 million, or 49 cents per share, in the quarter.

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