Bright Mountain Media Q1 net loss narrows as expenses fall

Bright Mountain Media

12/05/2026 20:43

Overview

Digital advertising tech firm's Q1 revenue declined 2% yr/yr

Net loss for Q1 improved 60% yr/yr

Adjusted EBITDA for Q1 rose 189% yr/yr

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

COST CONTROLS - Co said a 43% drop in general and administrative expenses contributed to improved net loss

OPERATING DISCIPLINE - CEO said improvement in net loss highlights focus on operating discipline and margin progression

Company press release: ID:nGNX2lK2w6

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$13.96 mln
Q1 Net Income
-$1.30 mln
Q1 Adjusted EBITDA
$2.36 mln
Q1 Operating Income
$1.74 mln
Q1 Pretax Profit
-$1.30 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)