Destiny Media Technologies (OTCMKTS:DSNY) Posts Earnings Results

Destiny Media Technologies (OTCMKTS:DSNY) announced its quarterly earnings results on Monday. The technology company reported ($0.01) earnings per share for the quarter, reports. The company had revenue of $0.99 million during the quarter. Destiny Media Technologies had a net margin of 4.65% and a return on equity of 5.66%.

Destiny Media Technologies Trading Down 17.3 %

Shares of DSNY stock opened at $0.91 on Wednesday. The company’s fifty day simple moving average is $1.05 and its 200-day simple moving average is $1.02. Destiny Media Technologies has a 52 week low of $0.59 and a 52 week high of $1.19. The company has a market cap of $8.94 million, a PE ratio of 91.00 and a beta of 1.06.

About Destiny Media Technologies

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.