(Source: Destiny Media Technologies Inc) VANCOUVER, July 15, 2016 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY), the makers of Play MPE, a system for the secure distribution of pre-release music to radio and the developer of Clipstream, a cross-platform player-less video streaming format, today announced its financial results for the third quarter ended May 31, 2016. Highlights Highlights during the third quarter include: Quarterly revenue increase 9% (YOY) / 2 consecutive quarterly YOY revenue increase Quarterly expenditures drop by 14% (YOY) Quarterly loss virtually eliminated (shrinks by 99% (YOY)) First positive quarterly EBITDA since Q3 - 2014 2nd successive quarter of...
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