DHX Media posts $2.4M loss for Q1

HALIFAX - Despite gains in revenue, DHX Media posted a net loss of $2.4 million for its first quarter ended September 30, 2018.The children's content and brands company said that revenues for Q1 2019 grew 5.5% to $104 million, driven by continued strong performance in WildBrain, higher consumer products royalties derived from its owned IP, and higher production service revenue. This was partially offset by declines in other business segments. The company added that the implementation of the IFRS 15 accounting standard reduced revenue by $2.4 million in the period, but this revenue is expected to be recognized during the...