Score Media Inc. increased its third-quarter profit to $748,000 as revenue advanced 10% in the three months ended May 31.
The company said Thursday that its core TV business performed well and its expansion into digital media made “significant strides,” especially in the United States.
Revenue rose to $13.1 million from just under $12 million.
At the end of the quarter, the company acquired SportsTap – a mobile sports application for smartphones. Score said the combined monthly audience of ScoreMobile and SportsTap ranks third behind ESPN’s and Yahoo, according to market data compiled by comScore.
“Our core television operations continue to perform very well. In addition, with the rapid organic growth of ScoreMobile and our acquisition of SportsTap, we are making significant strides in the expansion of our digital media business, particularly in the United States,” said John Levy, Score’s chairman and chief executive.
