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Stingray Dgt Vary SV (TSE:RAY.B)
:RAY.B
RESEARCH TOOLSreports
Earnings Data
Report Date
Jun 10, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.67Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -2.46%
|Next Earnings Date:Jun 10, 2025
Earnings Call Sentiment|Positive
Stingray's Q3 2025 earnings call reflected strong performance with record revenues and strategic growth initiatives, though there were challenges in international revenues and retail media sales. The sentiment is generally positive as highlights outweigh the lowlights.Company Guidance
During Stingray Group Inc.'s Q3 2025 earnings call, the company reported a strong fiscal performance with an adjusted EBITDA of $42.1 million and revenues reaching $108 million, marking a 7.9% increase year-over-year. This growth was driven by a 14.1% rise in U.S. revenues to $42.3 million, due to higher FAST channel revenues, and a 6.2% increase in Canadian revenues, totaling $54.2 million, bolstered by enhanced digital signage sales and improved radio revenues. The Broadcasting and Commercial Music segment saw a 10% revenue increase to $72.2 million, while radio revenues rose 4% to $36 million. Notably, the company secured an additional $80 million in financing, enhancing liquidity for strategic acquisitions. The call emphasized Stingray's focus on expanding its FAST channel offerings and retail media advertising, projecting a 40% growth in these areas, while also highlighting ongoing partnerships with major TV manufacturers like Samsung and the acquisition of Loupe Art to bolster its smart TV and digital signage presence.Record Revenue and Growth
Stingray achieved unprecedented revenues of $108 million with a 7.9% year-over-year growth, primarily driven by the FAST channel business and SVOD.
Partnership with Samsung
Samsung TV Karaoke, powered by the Stingray Karaoke app, won the 2025 CES Innovation Award in the content and entertainment category, highlighting a successful partnership.
Strategic Acquisition of Loupe Art
Stingray acquired Loupe Art, a leading visual streaming service, enhancing their offering in the digital signage space.
Financing for Growth
Stingray secured an additional $80 million in financing, with a $500 million revolving credit facility, providing liquidity and flexibility for strategic acquisitions.
Increased Adjusted EBITDA
Adjusted EBITDA grew 9% to $42.1 million, with an adjusted EBITDA margin reaching 38.9%.
Radio Revenue Improvement
Radio revenues rose 4% to $36 million, supported by strong digital sales and retail media.
Net Income Growth
Stingray reported a net income of $15.7 million, up from $9.1 million in the previous year, due to higher operating results and a lower unrealized loss on derivatives.
TSE:RAY.B Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:RAY.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2025 | C$8.12 | C$8.60 | +5.91% |
Nov 05, 2024 | C$6.86 | C$7.88 | +14.87% |
Aug 06, 2024 | C$7.73 | C$7.52 | -2.72% |
Jun 04, 2024 | C$6.65 | C$7.33 | +10.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Stingray Dgt Vary SV (TSE:RAY.B) report earnings?
Stingray Dgt Vary SV (TSE:RAY.B) is schdueled to report earning on Jun 10, 2025, TBA Not Confirmed.
What is Stingray Dgt Vary SV (TSE:RAY.B) earnings time?
Stingray Dgt Vary SV (TSE:RAY.B) earnings time is at Jun 10, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:RAY.B EPS forecast?
Currently, no data Available