Dolphin Entertainment (NASDAQ:DLPN) Issues Quarterly Earnings Results

Dolphin Entertainment (NASDAQ:DLPN) posted its earnings results on Thursday. The company reported ($0.15) earnings per share (EPS) for the quarter, Zacks reports. Dolphin Entertainment had a negative net margin of 39.39% and a negative return on equity of 67.30%.

Dolphin Entertainment Stock Up 4.9 %

Shares of DLPN traded up $0.05 on Thursday, hitting $1.06. The company’s stock had a trading volume of 1,752,053 shares, compared to its average volume of 47,174. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $11.83 million, a price-to-earnings ratio of -0.51 and a beta of 2.00. The firm’s fifty day moving average price is $1.04 and its 200-day moving average price is $1.15. Dolphin Entertainment has a fifty-two week low of $0.90 and a fifty-two week high of $3.04.

Dolphin Entertainment Company Profile

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.