HALIFAX — DHX Media Ltd. reported a profit of $7.4 million in its latest quarter, up from $5.8 million in the same quarter a year earlier.
The children’s entertainment company says the profit amounted to six cents per diluted share for the three months ended Dec. 31.
That compared with a profit of four cents per diluted share a year earlier.
On an adjusted basis, DHX says it earned a profit of nearly $9.1 million or seven cents per share, up from $6.3 million or five cents per share.
Revenue in what was the company’s second quarter totalled $121.9 million, up from $78.9 million.
DHX launched a review of strategic alternatives, including the possible sale of the company, last year.
Companies in this story: (TSX:DHX.A, TSX:DHX.B)
The Canadian Press