International Datacasting Revenue, EBITDA Fall Fiscal Year 2012
Ottawa, Canada, April 25, 2012--International Datacasting Corporation (TSX:IDC), aannounced results for the fourth quarter and fiscal year-end periods ended January 31, 2012. Revenue decreased 44% in the fourth quarter versus the same quarter in 2011, to $6.4 million, and EBITDAdecreased to a loss of $1.5 million. Excluding the impact of changes in foreign exchange from the strengthening of the Canadian dollar, IDC's revenues decreased by 45% in fourth quarter fiscal 2012 versus the same fiscal quarter in 2011.