DHX Media Ltd. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, amounted to 7 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 7 cents per share.
EPS increased year over year from 7 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$9.3 million, an increase of 5.0% from C$8.9 million in the year-earlier period.
The normalized profit margin dropped to 11.5% from 13.8% in the year-earlier period.
Total revenue grew 26.8% year over year to C$81.5 million from C$64.3 million, and total operating expenses increased 39.2% on an annual basis to C$65.3 million from C$46.9 million.
Reported net income grew from the prior-year period to C$11.4 million, or 9 cents per share, from C$4.9 million, or 4 cents per share.
