Corus Entertainment reports Q1 profit and revenue down from year ago

The new Corus logo at Corus Quay in Toronto is photographed on Friday, June 22, 2018. Corus Entertainment Inc. reported its first-quarter profit fell compared with a year ago as its revenue also moved lower. THE CANADIAN PRESS/ Tijana Martin

 TIJ/TXB

TORONTO - Corus Entertainment Inc. reported its first-quarter profit fell compared with a year ago as its revenue also moved lower.

The television and radio company says it earned $31.4 million in net income attributable to shareholders or 16 cents per diluted share for the three months ended Nov. 30.

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