Bright Mountain Media Reports Q3 Revenue of $11.62 Million and GAAP EPS Loss of $0.02
Bright Mountain Media (BMTM) has released its third-quarter financial results, reporting a GAAP earnings per share (EPS) loss of $0.02. The company's revenue for the quarter reached $11.62 million, representing a 16.4% decrease compared to the same period last year. The decline in year-over-year revenue suggests ongoing headwinds for the media firm as it navigates its current fiscal cycle. Investors will be monitoring whether these contraction trends stabilize or continue into future quarters.
Tickers: $BMTM
Topics: earnings GAAP EPS revenue decline