NEULION, INC. T.NLN

NeuLion earns $628,080 (U.S.) in fiscal Q2 2014

[luberon]

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

[419lornestreet9]

I've been waiting awhile for a buying opportunity... I believe today will be one of those days... imo, disappointing given the univision fanfare. the majority of the world cup had been played by quarter end, the USA Today deal has kicked in.... should be very similar to last quarter's earnings release day.

[lscfa]

How could the USA deal kick in? College sports don't get going to the fall.

[lscfa]

Best is yet to come: NeuLion's network reaches over 10MM unique sports fans each month by seamlessly integrating every aspect of an athletic program to grow audience, increase loyalty, and drive digital revenue.  NeuLion's network combined with the powerful reach of USA TODAY Sports and its long heritage of college sports coverage, creates a powerful media partnership expected to

[419lornestreet9]

I agree that we won't see the full benefits until fall and winter. However, the deal is with USA Today Sports Media Group, which has broader coverage than just college football and college basketball. Not to back track, but I feel there was some excitement in the stock price with the univision world cup app and I don't particularily feel that excitement followed through to the bottom line.