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Dolphin Entertainment Q3 revenue rises 8.3% to record high

By Reuters News


Overview

  • Entertainment marketing firm's Q3 revenue rose 8.3% yr/yr to record high

  • Adjusted EBITDA for Q3 increased 42.9% yr/yr to $1.6 mln


Outlook

  • Dolphin expects continued improved operating results in the quarters ahead

  • Company anticipates leveraging scale across entertainment sectors and earned media disciplines

  • At least one new venture expected to launch in Q1 2027, with three more during 2027


Result Drivers

  • ORGANIC REVENUE GROWTH - Co said all revenue growth in Q3 was organic, with a 9.7% increase excluding the impact of the Always Alpha spin-out

  • COST MANAGEMENT - Co said profitability improved as revenue growth outpaced increases in core operating costs


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$16 mln

$15.20 mln (1 Analyst)

Q3 Operating Income

$823,548


Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the entertainment production peer group is "buy"

  • Wall Street's median 12-month price target for Dolphin Entertainment Inc is $3.00, about 204.6% above its November 9 closing price of $0.99

  • The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 4 three months ago


Reuters Recommended Reads

  • Nov 9 - Take-Two lifts annual revenue, profit forecasts as 'GTA VI' launch nears

  • Nov 9 - Video game publisher Take-Two's Q2 revenue misses on decline in net bookings

  • Nov 9 - Skydance details cost cuts, sets streaming bundle for early next year


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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