Cineplex Inc. (CGX) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, all. Good afternoon, all, and welcome to the Cineplex Q2 2025 earnings conference call. My name is Adam, and I'll be your operator for today. If you'd like to ask a question during the Q&A portion of today's call, you may do so by pressing star followed by 1 on your telephone keypad. Now, we'll now hand the floor to Rehan Azmat to begin, so please go ahead when you're ready. Good morning, everyone, and thank you for joining us to discuss Cineplex's second quarter 2025 results. I'm Rehan Azmaz, Vice President, Investor Relations, Corporate Development, and Financial Planning and Analysis at Cineflex. Joining me today are Ellis Jacob, our President and Chief Executive Officer, and Gordon Ellison, our Chief Financial Officer. I'll remind you that certain statements being made are forward-looking and subject to various risks and uncertainties. Such forward-looking statements are based on management's beliefs and assumptions regarding the information currently available. Actual results may differ materially from those expressed in forward-looking statements. Information regarding factors that could cause results severity can be found in the company's most recently filed annual information form and management discussion and analysis. Following today's remarks, we will close the call with our customary question and answer period. I will now turn the call over to Ellis Jacobs. Thank you, Rayan, and good morning, everyone. I'm pleased to share with you today our second quarter results for 2025. Following a softer first quarter, we saw a strong and steady rebound in quarter two. For the first time since 2019, we delivered box office revenues exceeding $50 million in each month of the second quarter and in the month of July. This is the first time since 2019 we've...