DG FastChannel, Inc. (DGIT) Reports Record First Quarter Results
DG FastChannel® Inc., the nation’s leading provider of digital media services to the advertising industry, with the largest network designed specifically for spot distribution, has reported record financial results for the first quarter ending March 31, 2010. Consolidated revenue for the first quarter 2010 increased 31% to $54.2 million, compared to $41.4 million for the same quarter in 2009. In addition, first quarter Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased 71%, to $24.1 million, compared to $14.1 million for the same quarter in 2009. First quarter net income was $8.0 million, or $0.32 per diluted share, compared…