Stingray Reports Fourth Quarter and Full Year Results for Fiscal 2023
Yahoo! Finance
Adjusted EBITDA for the Broadcasting and Commercial Music Division up by 40.6% in the fourth quarter.Fourth Quarter Highlights Organic growth of 3.3% year-over-year in Broadcast and Recurring Commercial Music Revenues(1), including 7.6% in the United States;Revenues increased 8.7% to $78.9 million from $72.6 million;Adjusted EBITDA(2) increased 26.4% to $26.6 million from $21.0 million. Adjusted EBITDA(2) by segment was $20.4 million or 40.8% of revenues for Broadcasting and Commercial Music, $7
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