DHX Media sees net income rocket 320%; eyes more acquisitions

HALIFAX – DHX Media reported a 320% jump in net income and a 19% increase in revenues for its 2014 fiscal year, a year that CEO Dana Landry described as “highly transformative”.For the period ended June 30, 2014, the broadcaster, creator, producer and marketer of family entertainment reported revenues of $116.1 million versus $97.3 million at the end of fiscal 2013, driven by “significantly higher” distribution revenue (generally driven by the proliferation of new digital buyers), and a “significant increase” in proprietary production revenue.Net income was $7.8 million, a notable increase from $1.9 million year-over-year, while EBITDA increased 136% to...