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An update from Cineplex ( (TSE:CGX) ) is now available.
Cineplex reported strong box office revenues for December 2024, achieving $64.8 million, which is 125% of December 2023 figures and 86% of 2019 levels. The success was driven by high-performing films such as Wicked, Moana 2, and Sonic the Hedgehog 3, as well as an increase in premium experiences. The company’s international programming also outperformed North American peers, reflecting its diverse audience base. The performance indicates Cineplex’s robust recovery and strategic positioning to leverage varied content and release schedules in 2025.
More about Cineplex
Cineplex is Canada’s leading entertainment and media company, known for its cinema operations and a strong focus on offering premium viewing experiences. The company plays a significant role in the Canadian film industry, providing a diverse range of content that caters to various audience preferences.
YTD Price Performance: -2.55%
Average Trading Volume: 30,549
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $521M
For a thorough assessment of CGX stock, go to TipRanks’ Stock Analysis page.
