Earnings Call Summary | DESTINY MEDIA TECHNOLOGIES INC(DSNY.US) Q3 2024 Earnings Conference
Earnings Call Summary | DESTINY MEDIA TECHNOLOGIES INC(DSNY.US) Q3 2024 Earnings Conference
The company is focusing on organic growth by enhancing the Play MPE platform to increase user engagement and market share. Notable recent developments include the launch of MTR (Music Tracking Radar), designed to track music plays and provide analytics to users.The following is a summary of the Destiny Media Technologies Inc. (DSNY) Q3 2024 Earnings Call Transcript:
以下是Destiny Media Technologies Inc.的Q3 2024業績會議通話記錄摘要：
Financial Performance:
金融業績：
Destiny Media Technologies Inc. reported an 8.2% revenue growth for Q3 and 10.3% for the first three quarters of 2024 compared to the same periods prior.
The company achieved a slight positive net income and a positive EBITDA, which would remain positive even without capitalizing software development costs.
與前期相比，Destiny Media Technologies Inc. Q3的營業收入增長了8.2%，前三個季度增長了10.3%。
該公司實現了輕微的淨利潤和正的EBITDA，即使不計入軟件開發成本，其EBITDA也將保持正值。
Business Progress:
業務進展：
The company is focusing on organic growth by enhancing the Play MPE platform to increase user engagement and market share. Notable recent developments include the launch of MTR (Music Tracking Radar), designed to track music plays and provide analytics to users.
Several product updates and a platform marketing rebranding, including the launch of a new website and tracking features, are part of efforts to stimulate organic growth.
Destiny Media highlighted an initial focus on capturing a significant portion of the approximately 66,000 songs tracked monthly in the U.S. market with its new MTR service.
公司專注於通過優化Play MPE平台來提高用戶參與度和市場份額的有機增長。顯著的最新進展包括推出MTR（音樂追蹤雷達），旨在追蹤音樂播放並向用戶提供分析數據。
爲了刺激有機增長，公司進行了多次產品更新和平台營銷改進，包括推出新的網站和追蹤功能等。
Destiny Media強調首要的目標是利用其新的MTR服務捕獲美國市場每月大約66,000首歌曲的重要部分。
Opportunities:
機會：
The company sees opportunities for further growth by leveraging its MTR service to track music usage and by expanding in the music tracking market, estimated at approximately 420,000 songs per year in the U.S.
Targeting both single track artists and large enterprise customers with its scalable tracking solution.
公司認爲通過利用其MTR服務來追蹤音樂使用情況並擴大音樂追蹤市場，即美國每年約42萬首歌曲，可以進一步實現增長。
通過提供可擴展的追蹤解決方案，公司旨在瞄準單曲藝術家和大型企業客戶。
Risks:
風險：
The gradual roll-out and market penetration of the new MTR service, which includes uncertainties in customer adoption and the full development of enterprise-level functionalities.
新MTR服務的逐步推出和市場滲透，包括客戶採用的不確定因素和企業級功能的完整開發。
More details: DESTINY MEDIA TECHNOLOGIES INC IR
更多詳情請參見：DESTINY MEDIA TECHNOLOGIES INC IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。