Bright Mountain Media Q2 FY2024 revenue $13.0M, net loss narrows to $5.2M

Bright Mountain Media, Inc.

2024-Q2 EPS reported -$0.06 revenue$25,450,000

Q2 2024 revenue $13.0M (+3% YoY); ad tech division drove growth with $3.6M revenue.
Net loss improved to $5.2M vs $6.1M in Q2 2023; Adjusted EBITDA loss narrowed to $0.9M from $1.9M.
H1 2024 revenue $25.5M (+80% YoY) reflecting full-period impact of Big Village acquisition.
Company amended credit facility with Centre Lane Partners, deferring payments to support growth.
Consumer insights segment contributed $6.7M Q2 revenue; digital publishing revenue declined.

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