DHX Media: Drops after lower revenue, wider loss

WildBrain

14/05/2019 17:48

** Canadian entertainment company's U.S.-listed shares
 DHXM.O  fall as much as 11.2% to hit over 7-month low
    ** Reports lower third-quarter revenue and wider loss
    ** Q3 revenue fell 5.6% to ~C$110 mln; net loss widened to
C$0.14/share from C$0.06/share
    ** Says wrap up of production on some shows in Halifax
studio before completion of sale and softness in traditional
distribution rev hit total rev in qtr
    ** Session losses add to ~14.4% decline in DHXM this year
till Monday's close

 (Reporting by Shariq Khan in Bengaluru)
 ((Shariq.Khan@thomsonreuters.com))