Stingray Group Reports Q2 Fiscal 2027 Results with Earnings and Revenue Beats
Stingray Group Inc. (RAY:CA) reported second-quarter fiscal 2027 financial results that exceeded analyst expectations for both earnings and revenue. The company posted a Non-GAAP EPS of $0.51, surpassing estimates by $0.01, while total revenue reached $171.4 million, beating projections by $1.42 million. The company demonstrated significant year-over-year growth, with revenue increasing by 51.3%. Adjusted EBITDA also saw a substantial rise, climbing 47.5% to $58.3 million compared to $39.5 million in the same period last year, reflecting strong operational performance and scaling efficiency.
Tickers: $RAYGF
Topics: earnings beat EBITDA growth revenue growth