Destiny Media Technologies (OTCMKTS:DSNY) Releases Earnings Results

Destiny Media Technologies (OTCMKTS:DSNY) announced its earnings results on Tuesday. The technology company reported $0.01 EPS for the quarter, Zacks reports. Destiny Media Technologies had a return on equity of 3.37% and a net margin of 2.56%.

Destiny Media Technologies Stock Down 16.7 %

Destiny Media Technologies stock opened at $0.65 on Tuesday. Destiny Media Technologies has a 12-month low of $0.52 and a 12-month high of $1.15. The stock has a 50-day simple moving average of $0.82 and a 200 day simple moving average of $0.84.

Destiny Media Technologies Company Profile

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.