The "Peanuts" Business Isn't Peanuts for DHX Media Ltd.

DHX Media (NASDAQ: DHXM), a leading producer and distributor of family-friendly media content, reported earnings Tuesday night. The release covers the first quarter of fiscal 2018, which was the first full quarter after DHX's acquisition of Iconix Brand Group. Read on to see how having full control over the Peanuts brand and an 80% stake in Strawberry Shortcake affected DHX Media's results.

The following financial results are stated in Canadian dollars, since DHX is based in Halifax, Nova Scotia. On average, one Canadian dollar was worth $1.25 during the reported quarter. One year earlier, the average exchange rate stood at 1 Canadian dollar per $1.30 in American currency, indicating a 4% year-over-year strengthening of the U.S. currency against its northern neighbor.

Metric

Source: Fool.com