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BRIEF-Torstar Corp Q3 adjusted loss per share C$0.08

Published 2016-11-02, 06:44 a/m
© Reuters.  BRIEF-Torstar Corp Q3 adjusted loss per share C$0.08
TSb
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Nov 2 (Reuters) - Torstar Corp TSb.TO

* Torstar corp - segmented revenue was $181.7 million in q3 of 2016, down $19.7 million (9.8%) from $201.4 million in q3 of 2015

* Torstar- "expect earnings in q4 to benefit from growth at verticalscope,efforts on reducing costs, lower net investment in toronto star touch"

* Torstar corp - net savings related to restructuring initiatives undertaken through end of q3 of 2016 are expected to be $9.9 million in balance of 2016

* Torstar - in 2017, sees cost base to benefit $15.2 million from restructuring initiatives undertaken to date

* Torstar corporation reports third quarter results

* Q3 adjusted loss per share c$0.08

* Q3 earnings per share c$0.01 from continuing operations

* Q3 earnings per share c$0.02 Source text for Eikon: ID:nMKWX0wg6a Further company coverage: TSb.TO

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