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Company News

BRIEF-Cineplex Reports Qtrly Earnings Per Share $0.24

May 2 (Reuters) - Cineplex Inc:

* REPORTS FIRST QUARTER RESULTS AND ANNOUNCES DIVIDEND INCREASE

* Q1 REVENUE C$390.9 MILLION VERSUS I/B/E/S VIEW C$398.6 MILLION

* QTRLY EARNINGS PER SHARE $0.24

* QTRLY ADJUSTED EARNINGS PER SHARE $0.24

* SUBSEQUENT TO QUARTER END, IMPLEMENTED PROGRAM TO EXTRACT SYNERGIES ACROSS ORGANIZATION

* CINEPLEX - EXPECT TO REALIZE SIGNIFICANT ANNUALIZED COST SAVINGS OF ABOUT $25 MILLION FROM INTEGRATION & OPTIMIZATION PROGRAM Source text for Eikon: Further company coverage:

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