Dolphin Entertainment (NASDAQ:DLPN) Posts Earnings Results

Dolphin Entertainment (NASDAQ:DLPN) released its quarterly earnings results on Thursday. The company reported ($0.15) earnings per share 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 Performance

DLPN stock traded up $0.05 during trading on Thursday, hitting $1.06. 1,717,224 shares of the company’s stock traded hands, compared to its average volume of 47,036. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.88. Dolphin Entertainment has a 52 week low of $0.90 and a 52 week high of $3.04. The stock has a fifty 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 $11.83 million, a price-to-earnings ratio of -0.51 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.