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Corus Entertainment Inc.

03:43 PM EST - Corus Entertainment Inc. : said its third-quarter net income was $31.41 million compared with a loss of $145.03 million a year ago. Earnings per share for the latest quarter were $0.39 versus a loss of $1.81 last year. Removing the impact of this item results in adjusted third quarter basic earnings per share $0.34 in the prior year, the company added. Revenues for the third quarter of 2010 increased to $218.44 from $195.35 million in the comparable period. Corus Entertainment Inc. shares T.CJR.B are trading down $0.11 at $19.26.