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Dolphin Entertainment Inc (DLPN)
NASDAQ:DLPN
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Earnings Data
Report Date
Apr 02, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.1Last Year’s EPS
-$0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: -8.55%
|Next Earnings Date:Apr 02, 2025
Earnings Call Sentiment|Positive
Despite increased operating expenses and a significant net loss, Dolphin Entertainment showed strong revenue growth and adjusted operating income improvement. The launch of Always Alpha and the AI partnership with LODI AI indicate strategic expansions and innovation, suggesting a positive outlook.Company Guidance
During Dolphin Entertainment's Q3 2024 earnings call, the company reported a 24.5% year-over-year increase in revenue, reaching $12.7 million, and a significant turnaround in adjusted operating income, which improved to $492,000 from an $850,000 loss in Q3 2023. Year-to-date revenues through nine months rose 26.6% to $39.4 million, accompanied by a $1.4 million adjusted operating income, contrasting with a $2.7 million adjusted operating loss during the same period last year. The company remains on track to surpass $50 million in revenue and achieve positive adjusted operating income for the full year 2024. Key contributors to this growth included the acquisition of El Communications, robust performances from subsidiaries like 42West and Shore Fire Media, and strategic initiatives like the Always Alpha management firm and partnership with LODI AI. Notably, the CEO highlighted the undervaluation of the company's market cap relative to its achievements and growth prospects, reaffirming confidence by increasing his personal stake in DLPN.Significant Revenue Growth
Q3 revenue grew 24.5% year-over-year to $12.7 million, with year-to-date revenues increasing by 26.6% to $39.4 million.
Adjusted Operating Income Turnaround
Adjusted operating income improved to $492,000 in Q3 2024 from an $850,000 adjusted operating loss in Q3 2023.
Expansion in Women's Sports Management
Launched Always Alpha, a management firm dedicated to women's sports, led by Allyson Felix, aligning with the growing women's sports market.
AI Partnership with LODI AI
Formed an alliance with LODI AI to provide digital protection tools, marking entry into AI technology sphere.
Blue Angels Documentary Success
Received $2.6 million from licensing streaming rights, with plans for further distribution in institutional theaters.
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DLPN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DLPN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $1.17 | $1.10 | -5.98% |
| Aug 14, 2024 | $1.70 | $1.44 | -15.29% |
| May 14, 2024 | $2.25 | $2.48 | +10.22% |
| Mar 28, 2024 | $2.92 | $2.78 | -4.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Dolphin Entertainment Inc (DLPN) report earnings?
Dolphin Entertainment Inc (DLPN) is schdueled to report earning on Apr 02, 2025, TBA Not Confirmed.
What is Dolphin Entertainment Inc (DLPN) earnings time?
Dolphin Entertainment Inc (DLPN) earnings time is at Apr 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DLPN EPS forecast?
DLPN EPS forecast for the fiscal quarter 2024 (Q4) is -$0.1.
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