News

Destiny Media Technologies posts loss of $95,000 in second quarter

VANCOUVER – VANCOUVER, British Columbia (AP) _ Destiny Media Technologies Inc. (DSNY) on Thursday reported a loss of $95,000 in its fiscal second quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of less than 1 cent.

The distributor of secured pre-release music and video posted revenue of $764,000 in the period.

In the final minutes of trading on Thursday, the company’s shares hit 25 cents. A year ago, they were trading at 52 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSNY at http://www.zacks.com/ap/DSNY

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