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Dolphin Entertainment Shares Rise After Q1 Earnings Results: The Details
Dolphin Entertainment, Inc. (NASDAQ:DLPN) shares are up Wednesday after the company announced better-than-expected financial results for the first quarter.
The Details: During Tuesday’s after-market session, Dolphin Entertainment announced first-quarter earnings that included $15.24 million in revenue, representing a 54% year-over-year increase.
The company reported a loss of two cents per share, which was up from a loss of 23 cents per share in the prior year’s quarter.
Operating expenses for the first quarter were $15.1 million. Dolphin Entertainment said it had $7.5 million in ...