DHX Media ends F2016 with lifts in revenue, profits

HALIFAX – DHX Media credited the ongoing demand for children's content for its double digit gains in revenues and profits in fiscal 2106.For the fiscal year ended June 30, 2016, the children's content company reported revenues of $304.8 million, up 15% from $264.0 million year-over-year, and net income of $27.7 million, a 42% jump over last year’s $19.5 million.Adjusted net income of $32.8 million fell from $38.4 million in fiscal 2015, while adjusted EBITDA grew 15% to $103.7 million from $90.2 million last year. Gross margin for fiscal 2016 was $173.32 million, an increase in absolute dollars of $28.28 million...