08:03 AM EST, 11/06/2025 (MT Newswires) -- Cineplex ( CPXGF ) on Thursday swung to a profit in the third quarter despite a fall in revenue and missing analysts' expectations.

For the three-months ended Sept. 30, the company reported net income of $1.2 million or $0.02 earnings per diluted share, compared with a net loss of $24.7 million or $0.39 loss per diluted share, a year earlier. The result missed a consensus estimate compiled by FactSet of $0.23 earnings per share.

Total revenue for the quarter fell to $348.9 million compared with $382.3 million, a year-ago, missing a consensus estimate compiled by FactSet of $372.9 million.

The company said premium experiences accounted for 44.7% of total box office revenue and international film product contributed 13.6% of total box office revenues.

"The consistency of film product and the continued appetite for premium experiences remained evident throughout the third quarter despite not having a title comparable to last year's historic Deadpool & Wolverine," said Cineplex ( CPXGF ) Chief Executive Ellis Jacob. "We also saw contributions from our Location-Based Entertainment portfolio, with the addition of three new venues in late 2024, driving incremental revenue over the prior year."

The company also announced the passing of Nadir Mohamed a member of the board since 2017, and the appointment of Kevin Johnson to its board, effective immediately.

Shares of the company closed up 1.3% to $12.56 on Wednesday on the Toronto Stock Exchange.