Score Media cuts earlier losses with "strong" Q2 growth

TORONTO – Score Media more than halved its losses thanks to growth in both revenue and EBITDA for its second quarter ended February 28, 2010.The net loss for the period was $239,000 compared to $1.02 million for the same period last year. Consolidated revenue was up 15% to $9.96 million this quarter from $8.66 million in 2009, while EBITDA was slightly under $1 million compared to $204,000 year-over-year.“We are proud to say that Q2 growth picked up right where Q1 left off with strong growth across all of our platforms and improvements in EBITDA in all areas of the business,” said...