NeuLion earns $628,080 (U.S.) in fiscal Q2 2014 NeuLion earns $628,080 (U.S.) in fiscal Q2 2014
NeuLion Inc (C:NLN)
Shares Issued 175,078,227
Last Close 8/6/2014 $1.18
Thursday August 07 2014 - News Release
Ms. Nancy Li reports
NEULION REPORTS 22% YEAR-OVER-YEAR INCREASE IN SECOND QUARTER REVENUE TO $13.4 MILLION
NeuLion Inc. has released its financial results for the second quarter ended June 30, 2014 (all amounts are in U.S. dollars).
Second Quarter Year-Over-Year Highlights
Revenue increased 21.8% to $13.4 million versus $11.0 million Non-GAAP Adjusted Gross Margin Percentage expanded to 74% versus 71% Non-GAAP Adjusted EBITDA grew to $1.6 million versus $0.2 million Consolidated Net Income was $0.6 million versus consolidated net loss of $(1.3) million Trailing twelve month revenue reached $51.0 million, 19% greater than the comparable prior period 7th consecutive quarter of positive Non-GAAP Adjusted EBITDA 3rd consecutive quarter of net income