Investing.com - Financial Markets Worldwide
🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

BRIEF-DHX Media Reports Q4 Loss Per Share C$0.47

Published 2019-09-23, 07:20 a/m
BRIEF-DHX Media Reports Q4 Loss Per Share C$0.47
WLDBF
-

Sept 23 (Reuters) - DHX Media Ltd DHX.TO :

* DHX MEDIA REPORTS Q4 AND FULL YEAR FISCAL 2019 RESULTS AND ANNOUNCES NAME CHANGE TO "WILDBRAIN"

* Q4 LOSS PER SHARE C$0.47

* Q4 REVENUE ROSE 12 PERCENT TO C$108.8 MILLION

* WILL CHANGE NAME TO WILDBRAIN

* CO EXPECTS TO INCUR ONE-TIME CASH REORGANIZATION CHARGES IN RANGE OF $10.0 - $12.0 MILLION

* Q4 EARNINGS PER SHARE VIEW C$-0.05 -- REFINITIV IBES DATA

* COMMENCED A MANAGEMENT AND BUSINESS REORGANIZATION TO ADVANCE ITS STRATEGIC PRIORITIES, AND HAS APPOINTED A NEW CFO

* FOLLOWING APPROVAL, EXPECTS TO CHANGE ITS TICKER ON TSX AND NASDAQ TO "WILD"

* COO AARON AMES APPOINTED CFO EFFECTIVE IMMEDIATELY, SUCCEEDING DOUG LAMB

* STRATEGIC REPOSITIONING EXPECTED TO BE COMPLETED BY END OF FISCAL 2020

* LAMB WILL REMAIN WITH COMPANY IN AN ADVISORY ROLE UNTIL OCTOBER 31, 2019

* COO POSITION WILL NOT BE REPLACED

* EXPECTS TO GENERATE ANNUAL SAVINGS OF APPROXIMATELY $10.0 MILLION AS A RESULT OF CASH REORGANIZATION CHARGES

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.