(Toronto) Cineplex posted a net profit of $29.7 million for its most recent quarter on Thursday, as the success of the films Barbie, Oppenheimer and Mission: Impossible – Death Toll helped it to record quarterly revenues.
The movie theater operator’s profit per share rose to 40 cents for the quarter ended September 30, down from 30.9 million, or 43 cents per share, for the same period last year. last year.
Third-quarter 2022 earnings included a one-time gain of $49.8 million related to the revamp of its Scène loyalty program.
Revenues for the most recent quarter totaled $463.6 million, up from $339.8 million in the same period last year.
Cineplex attracted nearly 15.7 million moviegoers to its theaters in the third quarter, compared to 11.1 million a year earlier.
Box office revenue per customer rose to $12.00 from $11.25 last year, while food service revenue rose to $8.44 per customer from $8.35 per customer last year.
Company in this dispatch: (TSX: CGX)
