Dolphin Entertainment, Inc. (NASDAQ:DLPN) is reporting third quarter financial results on Monday 16th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, DLPN is expected to report 3Q20 loss of $ 0.06 per share from revenue of $ 5.50 million.
For the full year, analysts anticipate top line of $ 24.21 million, while looking forward to loss of $ 0.18 per share bottom line.
Previous Quarter Performance
Dolphin Entertainment, Inc. unfold loss for the second quarter of $ 0.12 per share, from the revenue of $ 5.20 million. According to street consensus, DLPN was expected to report 2Q20 loss of $ 0.08 per share from revenue of $ 4.49 million. The bottom line results missed street analysts by $ 0.04 or 50 percent, at the same time, top line results outshined analysts by $ 0.71 million or 15.81 percent.
Stock Performance
On Friday, shares of Dolphin Entertainment, Inc. has traded high as $ 0.68 and has cracked $ 0.63 on the downward trend, reaching $ 0.68 with volume of 524.20 thousand shares.
According to the previous trading day, closing price of $ 0.68, representing a 109.09 % increase from the 52 week low of $ 0.33 and a 72.29 % decrease over the 52 week high of $ 2.49.
The company has a market capital of $ 22.12 million and is part of the Technology sector and Internet Content & Information industry.
Dolphin Entertainment, Inc. operates as an independent entertainment marketing and premium content production company in the United States. It operates in two segments, Entertainment Publicity and Marketing; and Content Production.
