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Torstar Corporation

10:23 AM EST - Torstar Corporation : Reported financial results for the fourth quarter ended December 31, 2018. The company ended 2018 with $68.2 million of cash and cash equivalents and $7.2 million of restricted cash; Torstar has no bank indebtedness. Cash provided by operating activities was $29.2 million in the fourth quarter of 2018, reflecting $22.4 million of cash generated by operating activities and a $6.3 million decrease in non-cash working capital. The company’s net loss from continuing operations was $3.3 million ($0.04 per share) in the fourth quarter of 2018. This compares to net income of $7.8 million ($0.10 per share) in the fourth quarter of 2017. Torstar Corporation shares T.TS.B are trading up $0.17 at $1.06.