Bay Street News

Mediagrif posts increased revenue & profit for the third quarter of fiscal 2016

TSX: MDF www.mediagrif.com

Third quarter highlights:

Revenue increased 6% to reach $18.5 million.
Adjusted EBITDA1 reached $8.0 million or 43% of revenue.
Profit of $4.9 million ($0.32 per share), compared to $4.1 million ($0.26 per share).
Cash flows from…