DG Fastchannel Reports Record Q1 Results
May 5, 2010 at 6:05 AM (PT)
DG FASTCHANNEL has reported record first-quarter financial results. Consolidated revenue for the first quarter 2010 increased 31% to $54.2 million compared to $41.4 million in the same period of 2009. First quarter Adjusted EBITDA increased 71% to $24.1 million compared to $14.1 million for the same period of 2009.
"We are very pleased with our strong first quarter 2010 performance," said Chairman/CEO SCOTT GINSBURG. "Stellar growth in both traditional and online advertising, the continued adoption of the high definition (HD) advertising format, and the advent of a hotly contested year in politics all contributed to our accelerated growth this quarter."