Stingray FY27 Q1 adjusted EBITDA climbs 49.3% to C$50.3 million; revenue rises 65.2% to C$158 million
Reuters2026/08/10 10:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Stingray posted Q1 fiscal 2027 revenue up 65.2% to CAD 158 million.
- IFRS net income fell 60.7% to CAD 6.59 million; diluted EPS slipped to CAD 0.10.
- Non-IFRS adjusted EBITDA climbed 49.3% to CAD 50.3 million; margin narrowed 3.4 percentage points to 31.8%.
- Broadcasting and Commercial Music revenue more than doubled to CAD 126 million, driven by TuneIn advertising and higher FAST channel sales.
- Declared a CAD 0.085 per-share dividend; repurchased 1,100,000 shares for CAD 17.1 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stingray Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608100630PRIMZONEFULLFEED9806604) on August 10, 2026, and is solely responsible for the information contained therein.
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