Dolphin Entertainment (NASDAQ:DLPN) Announces Earnings Results, Misses Estimates By $0.05 EPS

Dolphin Entertainment (NASDAQ:DLPN) released its quarterly earnings results on Wednesday. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.05), Zacks reports. The business had revenue of $12.36 million for the quarter, compared to the consensus estimate of $12.10 million. Dolphin Entertainment had a negative net margin of 39.39% and a negative return on equity of 67.30%.

Dolphin Entertainment Stock Performance

Shares of DLPN stock opened at $1.06 on Friday. The firm has a market capitalization of $11.83 million, a price-to-earnings ratio of -0.51 and a beta of 2.00. The stock has a fifty day moving average of $1.04 and a 200 day moving average of $1.15. Dolphin Entertainment has a 52 week low of $0.90 and a 52 week high of $3.04. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.88.

Dolphin Entertainment Company Profile

Dolphin Entertainment, Inc, together with its subsidiaries, operates as an independent entertainment marketing and production company in the United States. The company operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing segment provides diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic communications, strategic marketing consulting, social media and influencer marketing, digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content.