CJREF - Corus Entertainment Inc. (CJREF) Q2 2024 Earnings Call Transcript
2024-04-12 13:24:09 ET
Corus Entertainment, Inc. (CJREF)
Q2 2024 Earnings Conference Call
April 12, 2024 08:00 AM ET
Company Participants
Doug Murphy - President and Chief Executive Officer
John Gossling - Executive Vice President and Chief Financial Officer
Conference Call Participants
Adam Shine - National Bank Financial
Vince Valentini - TD Securities
Aravinda Galappatthige - Canaccord Genuity
David McFadgen - Cormark Securities
Maher Yaghi - Scotiabank
Drew McReynolds - RBC Capital Markets
Scott Fletcher - CIBC World Markets
Presentation
Operator
Good morning. My name is Lara, and I will be your conference operator today. At this time, I would like to welcome everyone to the Corus Entertainment Q2 2024 Analyst and Investor Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]. Thank you.
As a reminder, this call is being recorded. I will now turn the call over to Mr. Doug Murphy, President and CEO of Corus Entertainment. Mr. Murphy, you may begin your conference.
Doug Murphy
Thank you, operator, and good morning, everyone. Welcome to Corus Entertainment's fiscal 2024 second quarter earnings call. I'm Doug Murphy, and joining me this morning is John Gossling, Executive Vice President and Chief Financial Officer.
Before I read the cautionary statement, I'd like to remind everyone that we have slides to accompany today's call. You can find them on our website at www.corusent.com under the Investor Relations - Events and Presentations section. Now let's move to the standard cautionary statement found on Slide 2. We note that forward-looking statements may be made during this call. Actual results could differ materially from forecast, projections or conclusions in these statements, we would like to remind those on our call today.
In addition to disclosing results in accordance with IFRS, Corus also provides supplementary non-IFRS or non-GAAP measures as a method of evaluating the company's performance and to provide a better understanding of how management views the company's performance. Today, we'll be referring to certain non-GAAP measures in our remarks. Additional information on these non-GAAP financial measures, the company's reported results and factors and assumptions related to forward-looking information can be found in Corus' second quarter 2024 report to shareholders and the 2023 annual report, which can be found on SEDAR+ or in the Investor Relations - Financial Reports section of our website. I will start on Slide 3.
We are now at the midway point of the year, and we are pleased that our program in winter, if you would, is behind us. And with the change of season, a full spring schedule of new programming has arrived. On today's call, beyond the overview of our Q2 results and discussion of our outlook, we want to take a look at a broader level and talk about the audiences that have returned to prime time television. Our ongoing pursuit of our video-first strategies and demand creation efforts across all our platforms and networks and our Fit for the Future cost reduction initiatives to streamline our operating model in support of our video-first audience strategy....
Corus Entertainment, Inc. (CJREF) Q2 2024 Earnings Call Transcript