U.S. Markets closed

Destiny Media: Fiscal 1Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ Destiny Media Technologies Inc. (DSNY) on Wednesday reported fiscal first-quarter net income of $112,000.

The Vancouver, British Columbia-based company said it had net income of 1 cent per share.

The distributor of secured pre-release music and video posted revenue of $1 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $1.09. A year ago, they were trading at $1.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSNY at https://www.zacks.com/ap/DSNY