trending Market Intelligence /marketintelligence/en/news-insights/trending/HF0Le1DM69PSPA7pncX6jw2 content esgSubNav
In This List

Destiny Media Technologies fiscal Q1 loss widens 79.4% YOY

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Using ESG Analysis to Support a Sustainable Future


Destiny Media Technologies fiscal Q1 loss widens 79.4% YOY

Destiny Media Technologies Inc. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, was a loss of $63,130, compared with a loss of $35,190 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to negative 7.4% from negative 3.7% in the year-earlier period.

Total revenue declined 11.2% year over year to $847,720 from $955,070, and total operating expenses decreased 6.8% on an annual basis to $954,850 from $1.0 million.

Reported net income totaled a loss of $101,010, or a loss of 0 cents per share, compared to a loss of $56,310, or a loss of 0 cents per share, in the prior-year period.