corus entertainment inc on friday reported a loss in its fiscal fourth quarter missing expectations as customers were less willing to part with their advertising dollars lowering revenue in the period for the period ended aug 31 the canadian mass media company reported a loss of 3671 million canadian dollars us2667 million or c182 a share compared with a profit of c199 million or c010 a share a year ago on an adjusted basis losses were c008 a share while analyst polled on factset were expecting a profit of c001 a share revenue fell 6 to c3396 million analysts forecasted less of a decline with consensus expectations of c3438 million the companys television segmentits largestwas the cause of the decline falling 6 to c3142 million in the period while its radio segment posted no growth in the quarter remaining flat at c244 million corus said the lower results were affected by lower advertising demand which was weighed down by the effects of an uncertain economic environment marked by high inflation and continued supplychain constraints the company said it is working to mitigate these forces by taking actions to manage expenses and maintain discipline in allocating its capital and shareholder yield