Destiny Media Technologies (OTCMKTS:DSNY) Releases Quarterly Earnings Results

Destiny Media Technologies (OTCMKTS:DSNY) issued its quarterly earnings results on Tuesday. The technology company reported ($0.02) earnings per share for the quarter, Zacks reports. The company had revenue of $1.04 million for the quarter. Destiny Media Technologies had a negative net margin of 24.31% and a negative return on equity of 36.57%.

Destiny Media Technologies Stock Performance

Shares of DSNY stock opened at $0.56 on Thursday. The company has a market capitalization of $5.38 million, a price-to-earnings ratio of -5.08 and a beta of 0.37. Destiny Media Technologies has a one year low of $0.24 and a one year high of $0.81. The company’s 50-day moving average is $0.66 and its 200 day moving average is $0.60.

Destiny Media Technologies Company Profile

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.