Stingray Group Inc. has reported its first quarter results for fiscal 2026, showcasing a 7.4% increase in total revenues, reaching $95.6 million compared to $89.1 million in the same quarter of the previous year. The company also noted a substantial rise in net income, which climbed to $16.8 million, or $0.24 per share, from $7.3 million, or $0.11 per share, in the first quarter of 2025. The Broadcast and Recurring Commercial Music Revenues segment experienced organic growth of 12.5% year-over-year, contributing to an 8.0% rise in revenues to $61.4 million. Meanwhile, Radio revenues increased by 6.2% to $34.2 million. Adjusted EBITDA for the quarter was reported at $33.7 million, an 8.3% increase from the $31.1 million recorded in the first quarter of the previous year. The company's Stingray Advertising business, which combines FAST channel and retail media revenues, achieved 40% revenue growth and aims to maintain a similar growth rate for the next quarter. Despite some delays in large digital signage installation projects, the company reported a robust Adjusted EBITDA margin of 35.2% of sales. As part of its business expansion, Stingray announced the acquisition of the Singing Machine Company's assets to enhance its home and in-car karaoke services. Additionally, the company launched six new free ad-supported streaming television $(FAST)$ channels on VIZIO's WatchFree+ service, expanding its content offering for VIZIO customers.