Cineplex posts record revenue as Spider-Man, Odyssey drove moviegoers
Global News · Staff ·
Revenue for the quarter totalled $440.2 million, up from $348.9 million in the same quarter last year, as theatre attendance rose to 14.8 million people, up from 12.1 million.
Cinema giant Cineplex Inc. reported a third-quarter profit of $23.8 million as it saw record revenue for the period, boosted by “Spider-Man: Brand New Day” and “The Odyssey.”
The movie theatre company says the profit amounted to 34 cents per diluted share for the quarter ended Sept. 30.
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