Dolphin Entertainment (NASDAQ:DLPN) Posts Earnings Results, Misses Estimates By $0.05 EPS

Dolphin Entertainment (NASDAQ:DLPN) issued its earnings results on Wednesday. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.05), Zacks reports. Dolphin Entertainment had a negative net margin of 39.39% and a negative return on equity of 67.30%. The firm had revenue of $12.36 million during the quarter, compared to analyst estimates of $12.10 million.

Dolphin Entertainment Trading Up 4.7 %

Shares of Dolphin Entertainment stock opened at $1.11 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.76 and a current ratio of 0.76. Dolphin Entertainment has a 52 week low of $0.90 and a 52 week high of $3.04. The stock has a 50 day moving average price of $1.04 and a two-hundred day moving average price of $1.15. The stock has a market capitalization of $12.39 million, a PE ratio of -0.54 and a beta of 2.00.

About Dolphin Entertainment

Dolphin Entertainment, Inc, together with its subsidiaries, operates as an independent entertainment marketing and production company in the United States. The company operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing segment provides diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic communications, strategic marketing consulting, social media and influencer marketing, digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content.