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Destiny Media Sees Revenue Growth and Market Expansion

Destiny Media Sees Revenue Growth and Market Expansion

Destiny Media Technologies (TSE:DSY) has released an update.

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Destiny Media Technologies Inc. reports a strong fiscal 2024 second quarter with a 9% currency-adjusted revenue growth and a significant 10.3% rise in independent record label revenue. Despite a minor adjusted EBITDA loss, the company has demonstrated its commitment to growth by repurchasing shares and emphasizing marketing and product development strategies to expand into new markets. An upcoming webinar is scheduled to discuss these financial results in detail.

For further insights into TSE:DSY stock, check out TipRanks’ Stock Analysis page.

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