Postmedia Network Canada Corp. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported revenue was CAD 100.81 million compared to CAD 111.21 million a year ago. Net loss was CAD 15.88 million compared to CAD 24.84 million a year ago. Basic loss per share from continuing operations was CAD 0.16 compared to CAD 0.25 a year ago. Diluted loss per share from continuing operations was CAD 0.16 compared to CAD 0.25 a year ago.
For the nine months, revenue was CAD 302.76 million compared to CAD 347.21 million a year ago. Net loss was CAD 46.59 million compared to CAD 61.52 million a year ago. Basic loss per share from continuing operations was CAD 0.47 compared to CAD 0.62 a year ago.