Preview Of Dolphin Entertainment, Inc. ($DLPN) 2Q20 Earnings

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Dolphin Entertainment, Inc. (NASDAQ:DLPN) is expected to report second quarter earnings results, after market close, on Monday 17th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.08 per share from revenue of $ 4.49 million.

Looking ahead, the full year loss are expected at $ 0.13 per share on the revenues of $ 23.58 million.

Previous Quarter Performance

Dolphin Entertainment, Inc. announced income for the first quarter of $ 0.01 per share, from the revenue of $ 6.63 million. The quarterly earnings while revenues raised 4.91 percent compared with the same quarter last year.
Wall street analysts are predicting, DLPN to report 1Q20 loss of $ 0.05 per share from revenue of $ 6.50 million. The bottom line results beat street analysts by $ 0.06 or 120.00 percent, at the same time, top line results outshined analysts by $ 0.13 million or 2.00 percent.

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Stock Performance

According to the previous trading day, closing price of DLPN was $ 0.91, representing a 175.76 % increase from the 52 week low of $ 0.33 and a 63.45 % decrease over the 52 week high of $ 2.49.

The company has a market capital of $ 28.84 million and is part of the Technology sector and Internet Content & Information industry.

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Conference Call

Dolphin Entertainment, Inc. will be hosting a conference call at 4:30 PM eastern time on 17th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dolphinentertainment.com

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.