04:35 PM EDT, 08/29/2024 (MT Newswires) -- QYOU Media ( QYOUF ) on Thursday said its second-quarter loss narrowed on higher revenue.

The video-content company said it lost US$0.89 million in the period, which it said was a 62% improvement over the year-prior quarter, but did not provide a figure.

Revenue rose US$8.28 million, which it said was a quarterly record.

"Q2 2024 reflects the push from India Group CEO Raj Mishra and QYOU USA President Glenn Ginsburg along with all management to control costs and drive growth around business units that are delivering cash-positive results," said chief executive Curt Marvis.

The company's shares closed down $0.005 to $0.04 on the TSX Venture Exchange.