Cineplex Revenue Hits Record on Back of 'Barbenheimer' Releases, Profit Slides - News Summed Up

Cineplex Revenue Hits Record on Back of 'Barbenheimer' Releases, Profit Slides


By Adriano MarcheseCineplex profit declined in the third quarter while strong box office sales led by the "Barbenheimer" movie releases lifted revenue to a company quarterly all-time high. The Canadian movie-theater chain reported slight decline in net income, reaching 29.7 million Canadian dollars ($21.5 million), or C$0.40 a share, down from C$30.9 million, or C$0.43 a share, in the comparable quarter a year ago.


Source: Wall Street Journal November 09, 2023 13:44 UTC



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