DHX Media (DHXM) Reports Q2 Loss of $0.13 on Revenues of $117M
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DHX Media Reports Results for Q2 2019
February 12, 2019 7:00 AM ESTThe Company generated positive operating cash flow of $11.6 million in Q2 2019 vs a $1.1 million outflow in Q2 2018. $9.5 million was paid down on the Company's revolving facility in Q2 2019 and $16.4 million YTD. At the end of the second quarter, the Company signed its largest multi-year content partnership agreement which is expected to begin generating earnings this year. Total revenue for Q2 2019 was $117.0 million vs $121.9 million in Q2 2018. H1 2019 revenue was largely flat at $221.1 million. Adjusted EBITDA for Q2 2019 was $22.0 million vs $32.0 million in Q2 2018, and for H1 2019 was $39.3 million vs... More
