Segmented adjusted earnings before interest, taxes, depreciation and amortization, commonly known as EBITDA, were $32.5 million for the three months ended June 30. That’s down $1.1 million from $33.6 million in the second quarter of 2013, Torstar said Wednesday.
Total segmented revenue was $237.3 million for the quarter. That’s down $18.1 million, or 7.1 per cent, from $255.4 million in the year-earlier period.
Net income attributable to equity shareholders was $19.7 million, or 25 cents per share, in the quarter, up $1.7 million from $18 million in the year-earlier period, the company said.