Dolphin Q2 revenue record $11.4M (+4% YoY); H1 adjusted operating income $0.9M

Dolphin Entertainment, Inc.

2024-Q2 EPS reported -$0.10 revenue$26,684,981

Q2 2024 revenue $11.4M (record, +4% YoY); net loss $1.6M vs $8.0M in Q2 2023.
Six-month 2024 revenue $26.7M; adjusted operating income $0.9M vs loss of $1.9M in prior period.
EPS loss $0.08 (diluted 19.6M shares) compared to EPS loss $0.60 (13.2M shares) in Q2 2023.
Cash $9.8M as of June 30; CEO highlights Elle Communications acquisition and planned sports company launch.
CEO expects to exceed $50M annual revenue and deliver full-year positive adjusted operating income.

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