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Cossette Communication Group Inc. recorded gross income of $57.9 million for the third quarter of fiscal 2007, ended June 30, 2007, up 7.3 per cent from $54.0 million from the corresponding quarter of the previous fiscal year.

Highlights:

- Net earnings amounted to $4.7 million ($0.28 per share), compared to $3.8 million ($0.22 per share) for the third quarter of 2006, an increase of 23.8 per cent
- Earnings from operations were $7.9 million, compared with $6.9 million in 2006. Cash flows from operating activities before changes in non-cash working capital items reached $6.8 million, compared with 6.0 million in 2006
- For the nine-month period ended June 30, 2007, gross income amounted to $168.2 million, an increase of $9.0 million or 5.7 per cent compared to gross income of $159.2 million reported for the nine-month period of fiscal 2006. Net earnings for the period were $11.7 million ($0.69 per share) compared to $9.4 million ($0.54 per share) for the same period in fiscal 2006

Categories: Financial Results, For The Books
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