Charla Jones/The Globe and Mail
Sports media company Score Media Inc. credits an increase in fan interest in its digital offerings among reasons for higher revenues and a turnaround in net earnings in the second quarter.
The Toronto-based concern on Thursday reported a second-quarter profit of $200,000, reversing a year-earlier loss of $200,000.
Revenue in the three months ended Feb. 28 was up 11 per cent at $11.1-million from $10-million in the prior-year period.
"Our results from this past quarter demonstrated continued growth across the company," CEO John Levy said in a release.
"Our fan base increased and our team is working hard behind the scenes preparing for some exciting new launches across all of our platforms in the coming months," Mr. Levy said.
Score Media said its digital properties generated record traffic in the quarter that included 2.4 million unique visitors in January to ScoreMobile, ScoreMobile FC and theScore iPad Edition, making it the best month on record.
Meanwhile, theScore.com had 1.4 million monthly unique visitors, up 124 per cent over January, 2010.
Score Media's primary asset, theScore Television Network, is a national specialty television service providing sports news, information, highlights and live event programming to more than 6.8 million homes across Canada.