The chart below shows how DLPN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DLPN sees a +3.35% change in stock price 10 days leading up to the earnings, and a +0.26% change 10 days following the report. On the earnings day itself, the stock moves by +0.99%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Q3 Revenue Surge: Q3 revenue grew 24.5% year-over-year to $12.7 million, driven by strong performance across all operating segments.
Operating Income Recovery: Adjusted operating income improved greatly reaching $492,000 compared to an $850,000 adjusted operating loss in Q3 2023.
Revenue and Income Improvement: Year-to-date revenues through nine months have increased 26.6% to $39.4 million, leading to $1.4 million of adjusted operating income, a significant improvement from the $2.7 million adjusted operating loss in the same period of last year.
Revenue Milestone Achievement: The company remains on track to exceed $50 million in revenue and achieved positive adjusted operating income for the full-year 2024, marking a key milestone.
Digital Talent Acquisition Growth: The Digital Department has shown remarkable growth, securing 137 new talent signings this year.
Negative
Dolphin Entertainment, Inc. (DLPN) Q3 2024 Earnings Call Transcript
DLPN.O
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