Bright Mountain Media Q3 revenue up 192% to $15.3M, net loss widens to $19.8M on $16.3M goodwill impairment

Bright Mountain Media, Inc.

2023-Q3 EPS reported -$0.18 revenue$29,403,000

Revenue $15.3M, +192% YoY on Big Village acquisition; ad-tech $3.6M, digital pub $1.0M, creative insights $8.0M, services $2.6M.
Net loss $19.8M vs $2.2M loss, includes $16.3M goodwill impairment; Adjusted EBITDA profit $283K vs loss $373K.
Nine-month revenue $29.4M (+104%), net loss $29.6M, Adjusted EBITDA loss $3.6M vs $1.8M.
Gross margin $3.4M (+57%) despite cost of revenue $11.9M; G&A $4.1M up 24%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.