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Stock impact report

Dolphin Entertainment Inc (DLPN) Q3 2024 Earnings Call Highlights: Revenue Surge Amidst ... [Yahoo! Finance]

Dolphin Entertainment, Inc. (DLPN) 
US:NASDAQ Investor Relations: dolphinentertainment.com/?page_id=27
Company Research Source: Yahoo! Finance
Dolphin Entertainment Inc ( NASDAQ:DLPN ) reported a 24.5% year-over-year revenue growth for Q3 2024, reaching $12.7 million. The company achieved a significant improvement in adjusted operating income, reaching $492,000 compared to an $850,000 adjusted operating loss in Q3 2023. Dolphin Entertainment Inc ( NASDAQ:DLPN ) is on track to exceed $50 million in revenue for the full year 2024, marking a key milestone. The acquisition of L Communications has strengthened their capabilities in the $1.1 trillion impact investing industry. The company's partnership with Lodi AI enhances digital protection services, opening new revenue channels and positioning Dolphin as a leader in AI technology for entertainment. Dolphin Entertainment Inc ( NASDAQ:DLPN ) reported a net loss of $8.7 million for Q3 2024, which includes significant impairment charges and write-offs. Operating expenses increased to $20.8 million, partly due to a $6.5 million goodwill impairment and a $1.3 million wri Show less Read more
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