Recipe Unlimited reports $23.8M Q3 profit up from $21.2M year ago

November 9, 2018 2:58 PM

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VAUGHAN, ONT.—Recipe Unlimited Corp. earned $23.8 million in its latest quarter, up from $21.2 million a year ago.

The company formerly known as Cara Operations says the profit amounted to 37 cents per diluted share for the three-month period ended Sept. 30, up from 34 cents per share a year ago.

On an adjusted basis, Recipe Unlimited says it earned 50 cents per diluted share, up from 46 cents per diluted share a year ago.

Analysts on average had expected a profit of 47 cents per share, according to Thomson Reuters Eikon.

Also read: MetroCast acquisition pushes up Cogeco’s Q1 revenue, costs; profit declines


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