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Mega Brands Q3 earnings


Granitepost
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Mega brands has net earnings of $1.22 compared to loss of $3.34 last year, but these figures include a large litigation settlement this year and a large goodwill impairment charge last year.  Actual Earnings ex tiems is $0.14 per share.  In any event the market appears to like the news as the share price is up about 73% today.

 

See:  http://ca.news.finance.yahoo.com/s/13112009/30/link-f-cnw-mega-brands-reports-third-quarter-2009-results.html

 

 

http://www.reuters.com/article/marketsNews/idCAN1345645520091113?rpc=44

 

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