03:45 PM EST - Mood Media Corporation : today reported results for the first quarter ended March 31, 2013. The Company reported revenues of $129 million (a 54% increase versus the prior year's quarter) and EBITDA of $26 million (a 20% increase versus the prior year's quarter) driven primarily by acquisitions. Net loss per share from continuing operations was ($0.03) compared with net income of $0.01 in the prior-year period. Increased losses in the current period were driven by higher deferred income taxes and higher foreign exchange losses from financing transactions, which more than offset the improvement in EBITDA, reduced transaction and restructuring expenses, and lower financial expense. Mood Media Corporation
shares T.MM are trading up $0.15 at $1.12.
