Dolphin Entertainment up after strong Q2 results

Dolphin Entertainment

17/08/2021 14:22

** Shares of Dolphin Entertainment Inc  DLPN.O  up 11.8% at
$10.69 in premarket trading
    ** The entertainment marketing and content development firm
on Monday posted a 66% rise in Q2 revenue to $8.64 mln, compared
with analysts' estimate of $7.25 mln, according to Refinitiv
data (https://bit.ly/3ssDZwO)
    ** Co posted adj. EPS of 14 cents per share during the
quarter, while analysts expected a loss of 19 cents per share
    ** Quarterly net income came in at $1.35 mln, from a loss of
$2.94 mln a year earlier
    ** As of last close, stock up ~181% this year

    

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))