Cineplex Posts Profit Miss In Q2 On Attendance Drop

Cineplex Posts Profit Miss In Q2 On Attendance Drop

28 Nov 2019.

In Q2, the company reported a 21.5% increase in its media revenue, now.

Attendance at Cineplex theatres has been on the decline for years;.

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9 May 2019.

CNW/ – (TSX: CGX) – Cineplex Inc. ("Cineplex") today released its financial.

Partially offsetting the theatre attendance decline is a record first quarter box office.

Although there was a decrease in box office revenue in Q1, this was expected.

As we look to Q2 and beyond we are encouraged by the recent.

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Cineplex shares plunge 20% on third-quarter earnings miss despite higher revenues.

giant from missing expectations as lower profits caused the company's shares to fall by nearly 20 per cent.

Theatre attendance was up 2.6 per cent to 17.2 million, compared with 16.8 million.