DHX Media (DHXM) Reports Q1 Revenues of $104M

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DHX Media Reports Results for Q1 Fiscal 2019

November 13, 2018 7:00 AM EST

Q1 2019 revenue rose 5.5% to $104.0 million up from $98.6 million the year-ago quarter. Implementation of the IFRS 15 accounting standard reduced revenue by $2.4 million1 in Q1 2019. Without this adjustment, revenue would have been up 7.9% Q1 2019 adjusted EBITDA was $17.3 million compared to $22.8 million in the year-ago quarter. Adjusted EBITDA was reduced by $1.0 million due to IFRS 151 and by $3.8 million from the sale of a 39% minority stake in Peanuts2 Net loss was $2.4 million vs net income of $8.1 million in Q1 2018 WildBrain revenue grew 49% to $16.2 million vs $10.9 million in the year-ago quarter Net debt... More