Score Media capitalizes on growing fan base, digital properties, to reverse losses

TORONTO – Crediting an increase in its fan base, Score Media reported second quarter financials in the black, reversing a net loss from the same period last year.Profits for the quarter ended February 28, 2011 were $200,000, compared to a net loss of $200,000 year-over-year. Revenues for the quarter were $11.1 million, up 11% to from $10 million last year, while EBITDA increased by $100,000 to $1.1 million.The sports media company also said that its digital properties generated “record traffic” this quarter, including a record high 2.4 million unique visitors to ScoreMobile, ScoreMobile FC and theScore iPad Edition. Its site...