Nov 12 (Reuters) -
Overview
D-BOX Technologies fiscal Q2 revenue grows 33% yr/yr to record C$16.1 mln
Net profit for fiscal Q2 reaches record C$4.5 mln despite restructuring charge
Adjusted EBITDA for fiscal Q2 hits record C$5.6 mln, up 93% yr/yr
Outlook
Company did not provide specific future guidance in the press release
Result Drivers
ROYALTY REVENUE - Co reports 40% yr/yr increase in royalty revenues, outperforming domestic box office decline
SCREEN EXPANSION - Co expands screen footprint by 13.5% yr/yr, reaching 1,084 active screens globally
THEATRICAL SALES - Theatrical system sales rise 62% yr/yr to C$6.4 mln, driven by demand in U.S., Australia, and Latin America
Key Details
Press Release: ID:nGNX4bcH6c
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