Dolphin Entertainment soars after smaller-than-expected Q1 loss, upbeat rev

Dolphin Entertainment

14/05/2024 22:38

** Shares of entertainment marketing and production co
Dolphin Entertainment  DLPN.O  up ~45% at $1.64 after the bell
    ** Co posts Q1 rev of $15.2 mln vs LSEG estimates of $9.4
mln, reports 54% rise in Q1 rev from $9.9 mln a year ago
    ** Posts quarterly loss per share of 2 cents vs analysts'
estimates of loss of 15 cents per share
    ** Co also reports adj operating income of $1 mln vs loss of
$1.9 mln a year ago
    ** In 2023, DLPN stock fell nearly 6%
    

 (Reporting by Anuja Bharat Mistry in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))