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Stock impact report

Dolphin Q3 Revenue Increases 24.5% YoY to $12.7M, Reports Adjusted Operating Income of $0.5M and Highlights Market Valuation Disconnect [Yahoo! Finance]

Dolphin Entertainment, Inc. (DLPN) 
US:NASDAQ Investor Relations: dolphinentertainment.com/?page_id=27
Company Research Source: Yahoo! Finance
Nine-Month 2024 Revenue increased 26.6% to $39.4M Nine-Month 2024 Adjusted Operating Income of $1.4M, versus a $(2.7M) Adjusted Operating Loss in the same period last year Market Cap trading at approximately 0.25x Current Year 2024 estimated revenue guidance of $50.0M CEO sees Dolphin as undervalued; supports view with $100,000 in stock purchases in last 12 months Based on market cap at the close of trading on Nov 13, 2024 MIAMI, FL / ACCESSWIRE / November 14, 2024 / Dolphin (NASDAQ:DLPN), an independent leader in content production, entertainment marketing, and related ventures, announces its financial results for the quarter ended September 30, 2024. Bill O'Dowd, CEO of Dolphin Entertainment commented: "During Q3, revenue increased by 24.5% year over year and we achieved $0.5 million in adjusted operating income, setting us on track to deliver on our goals of surpassing $50 million in revenue and achieving adjusted operating income for full year 2024. With promising v Show less Read more
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