Stingray Group Inc.

RAY.A

CA86084H1001

Broadcasting

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
7.5 ^CAD	+2.04%		+0.81%	+23.76%

Apr. 10	Kula Gold Discovers Drill-Ready Gold Anomaly at Marvel Loch Project; Shares Surge 22%	MT
Mar. 19	Stingray Group Inc. Declares Quarterly Dividend, Payable on or Around June 14, 2024	CI

Stingray Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023

February 06, 2024 at 06:12 pm EST

Stingray Group Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 100.28 million compared to CAD 89.24 million a year ago. Net income was CAD 9.07 million compared to CAD 12.94 million a year ago. Basic earnings per share from continuing operations was CAD 0.13 compared to CAD 0.19 a year ago. Diluted earnings per share from continuing operations was CAD 0.13 compared to CAD 0.19 a year ago.
For the nine months, sales was CAD 261.76 million compared to CAD 245.01 million a year ago. Net income was CAD 32.58 million compared to CAD 25.67 million a year ago. Basic earnings per share from continuing operations was CAD 0.47 compared to CAD 0.37 a year ago. Diluted earnings per share from continuing operations was CAD 0.47 compared to CAD 0.37 a year ago.

Latest news about Stingray Group Inc.

Kula Gold Discovers Drill-Ready Gold Anomaly at Marvel Loch Project; Shares Surge 22%	Apr. 10	MT
Stingray Group Inc. Declares Quarterly Dividend, Payable on or Around June 14, 2024	Mar. 19	CI
Stingray Group Debuts New Music, Video Channels on Samsung TV Plus Across Canada, Australia, New Zealand	Mar. 11	MT
Stingray Introduces a New Wave of Music and Video Channels on Samsung TV Plus Across Canada, Australia, and New Zealand	Mar. 11	CI
National Bank Notes Stingray Group's Revenue Exceeded $100 Million 1st Time in Fiscal Q3, Adjusted Profit Rises; Dividend Declared; Up 5.5%	Feb. 07	MT
Transcript : Stingray Group Inc., Q3 2024 Earnings Call, Feb 07, 2024	Feb. 07
National Bank Notes Stingray Group's Revenue Exceeded $100 Million 1st Time in Fiscal Q3, Adjusted Profit Rises; Dividend Declared	Feb. 07	MT
North American Morning Briefing : Stock Futures Hold Line Ahead of More Earnings, Fedspeak	Feb. 07	DJ
Tranche Update on Stingray Group Inc. (TSX:RAY.A)'s Equity Buyback Plan announced on September 22, 2023.	Feb. 06	CI
Stingray Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 06	CI
RBC on Canadian Media Q4 Preview	Feb. 06	MT
North American Morning Briefing : Rate Doubts Keep -2-	Feb. 06	DJ
National Bank Previews Fiscal Q3 Results For Stingray Group; Raises Price Target	Jan. 19	MT
Stingray Group To Offer Karaoke Service in AFEELA Prototype	Jan. 10	MT
Stingray Karaoke to Elevate In-Car Entertainment in AFEELA Prototype by Sony Honda Mobility Inc	Jan. 10	CI
Singing Machine and Stingray Unveil New Karaoke Gaming & Scoring Capabilities Targeting the Automotive Market	Jan. 08	CI
Stingray and BYD Expand Partnership to Include Calm Radio in Their EV Cars	Jan. 05	MT
Stingray and BYD Expand Partnership to Include Calm Radio in their EV Cars	Jan. 05	CI
Ault Alliance Unit Sues Singing Machine CEO, Directors Over Share 'Dilutive' Sale	Dec. 27	MT
Ault Alliance Unit Sues Singing Machine CEO, Directors Over Share 'Dilutive' Sale	Dec. 27	MT
Stingray Introduces 18 New Channels on Samsung TV Plus in US	Nov. 17	MT
Stingray Launches 18 New Channels in the US on Samsung Tv Plus	Nov. 17	CI
Stingray Group Inc. Announce the Introduction of Its Latest Tv Channel, Stingray Holidayscapes	Nov. 16	CI
ValiRx signs deal to evaluate StingRay Bio drug candidates	Nov. 10	AN
ValiRX, StingRay Bio Sign Evaluation Agreement for Oncology Drug Candidates	Nov. 10	MT

Chart Stingray Group Inc.

Duration

Period

More charts

Company Profile

Stingray Group Inc. is a Canada-based music, media, and technology company. The Company provides TV broadcasting, streaming, radio, business services, and advertising services. It also provides an array of music, digital, and advertising services to enterprise brands worldwide, including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products and music apps, and in-car and on-board infotainment content. The Company operates through two segments: Broadcasting and commercial music and Radio. The Broadcasting and commercial music segment specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. The Radio segment operates several radio stations across Canada. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, OTT, the internet, mobile devices, and others.

Sector

Broadcasting

Calendar

2024-06-04 - Q4 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Stingray Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.5 CAD

Average target price

9.417 CAD

Spread / Average Target

+25.56%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Broadcasting

	1st Jan change	Capi.
STINGRAY GROUP INC.	+23.76%	377M
WALT DISNEY COMPANY (THE)	+24.85%	207B
FORMULA ONE GROUP	+9.98%	16.08B
PARAMOUNT GLOBAL	-19.47%	8.36B
THE LIBERTY SIRIUSXM GROUP	-15.67%	7.93B
MBC GROUP	0.00%	4.58B
TBS HOLDINGS,INC.	+37.01%	4.24B
ITV PLC	+11.41%	3.5B
LIBERTY LIVE GROUP	+0.19%	3.4B
MULTICHOICE GROUP LIMITED	+46.62%	2.68B

Other Broadcasting