Revenue Update on DHX Media Ltd (USA)(NASDAQ:DHXM)

DHX Media Ltd (USA)(NASDAQ:DHXM) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Feb 13, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $0.05.

DHX Media Ltd (USA) (DHXM) made into the market gainers list on Wednesdays trading session with the shares advancing 0.67% or 0.0287 points. Due to strong positive momentum, the stock ended at $4.3, which is also near the day’s high of $4.3. The stock began the session at $4.3 and the volume stood at 1,459 shares. The 52-week high of the shares is $7.4 and the 52 week low is $4.2713. The company has a current market capitalization of $576 M and it has 13,39,25,217 shares in outstanding.

DHX Media Ltd. is a Canada-based children’s entertainment company. The Company’s business is producing distributing broadcasting and exploiting the rights for television and film programming primarily focusing on children youth and family productions. Its segments include its production distribution and merchandising operations; Copyright Promotions Licensing Group (CPLG) and DHX Television. It has five integrated business lines: production; library and distribution (including digital distribution) of its third party acquired titles; television broadcasting; merchandising and licensing and new media and interactive. Its productions include Degrassi franchise Supernoobs Slugterra 3 Teletubbies This Hour Has 22 Minutes and Make It Pop. It provides services such as producing television shows and movies of the week for and providing animation and other similar services to third parties. It operates in Toronto with additional offices in Los Angeles Paris and Beijing.

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