10:07 AM EST - Stingray Digital Group Inc. : Announced its financial results for the first quarter ended June 30. Revenues increased 27.3% to a record $19.9 million. Record recurring revenues were also reported of $17.2 million, an increase of 20.0%. Adjusted EBITDA increased 22.8% to $7.2 million. Adjusted Net income was up 33.2% to $4.8 million or $0.12 per share (diluted) compared to last year. Record Adjusted free cash flow of $5.3 million, an increase of 60.4%. Stingray Digital Group Inc.
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