Cineplex Revenue Falls Amid Film Delays, Theater Closures

(Bloomberg) -- Cineplex Inc. shares fell after the company said revenue declined 88% to C$52.5 million ($41.4 million) from C$443 million a year ago, missing average analyst expectations as the Covid-19 pandemic continues to pummel the film industry.

Key Insights

Market Reaction

• Cineplex shares fell 5.7% to C$10.50 at 10:00 a.m. in Toronto

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