VANCOUVER, /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQB: 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 its fiscal 2017 third quarter ended . Highlights Highlights during and subsequent to the end of the third quarter include: Sixth consecutive Q over Q revenue growth Strongest cash position since Net income grew to $166,223 EBITDA grew to over $200,000 Quarterly expenditures drop by 17% Third Quarter Fiscal 2017 Results Revenue for the quarter ended grew by 3% to $897,475. The increase is the...
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