Mining & Metals
Destiny Media Technologies Q3 Net Loss Widens; Appoints Sharath Cherian as CEO
Destiny Media Technologies (DSY.V) reported third quarter net loss per share of C$0.02, compared with a loss of C$0.01 per share, a year earlier.Revenue for the three months ended May 31, 2026, decreased to C$1.0 million compared with C$1.1 million, a year-ago, mostly driven by "major" customer long-term agreement pricing, it said.The company also appointed Sharath Cherian as its chief executive officer effective July 15. Chairman of the Board Hyonmyong Cho, who served as the company's interim CEO will step down from that temporary role while remaining chairman effective July 15, it said.Shares of the company were last seen unchanged at C$0.50 on the TSX Venture Exchange.
$DSY.V
