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Cineplex Inc. CGX-T reported a profit in its latest quarter compared with a loss a year earlier as theatre attendance and revenue both rose more than 30 per cent.

The movie theatre company says it earned $30.9-million or 43 cents per diluted share for the quarter ended Sept. 30.

The result compared with a loss of $33.6-million or 53 cents per diluted share a year earlier.

Revenue totalled $339.8-million, up from $250.4-million in the same quarter last year as theatre attendance in the quarter rose 34 per cent compared with a year earlier.

Cineplex said box office revenue reached 70 per cent of the level seen in the third quarter of 2019.

Box office revenue per patron amounted to $11.25 in the quarter, down from $11.38 a year ago, while concession revenue per patron was $8.35, down from $8.58 in the same quarter last year.

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Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 21/11/24 4:00pm EST.

SymbolName% changeLast
CGX-T
Cineplex Inc
+1.6%10.15

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