Corus Entertainment Inc. announced unaudited consolidated earnings results for first quarter ended Nov. 30, 2017. For the quarter, the company reported revenues of CAD 457,388,000, income before income taxes of CAD 115,892,000, net income for the period of CAD 85,007,000, net income attributable to shareholders of CAD 77,673,000, earnings per share attributable to shareholders - basic and diluted of CAD 0.38, cash provided by operating activities of CAD 85,677,000, additions to property, plant and equipment of CAD 1,581,000, adjusted net income attributable to shareholders of CAD 78,885,000, adjusted basic earnings per share of CAD 0.38 compared to the revenues of CAD 467,981,000, income before income taxes of CAD 109,809,000, net income for the period of CAD 80,703,000, net income attributable to shareholders of CAD 71,146,000, earnings per share attributable to shareholders - basic and diluted of CAD 0.36, cash provided by operating activities of CAD 22,348,000, additions to property, plant and equipment of CAD 5,626,000, adjusted net income attributable to shareholders of CAD 80,826,000, adjusted basic earnings per share of CAD 0.41 for the same quarter a year ago. Free cash flow was CAD 83,215,000 against CAD 33,909,000 a year ago.

For the fiscal 2018, the company announced that it will probably look to bring CapEx down a little bit from the last year, so similar around CAD 25 million.