Corus Q1 Earnings: Drowning in Debt
What do you do when you operate in a dying industry that has no hope of being restored to the glory days?
You put a smile on your face, manage the losses as the ship sinks, and continue to collect whatever sort of paycheck you can muster while funds still exist in the bank.
Which in simple terms, is basically what Corus Entertainment (TSX: CJR.B) is doing.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.