Bright Mountain Media (OTCMKTS:BMTM) Posts Earnings Results

Bright Mountain Media (OTCMKTS:BMTM) posted its quarterly earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. The business had revenue of $15.69 million for the quarter.

Bright Mountain Media Stock Performance

BMTM stock remained flat at $0.01 during midday trading on Wednesday. The company had a trading volume of 1,148,916 shares, compared to its average volume of 71. The stock’s 50-day moving average price is $0.01 and its 200-day moving average price is $0.01. The stock has a market cap of $912,700.00, a price-to-earnings ratio of -0.06 and a beta of 125.06. Bright Mountain Media has a 12 month low of $0.00 and a 12 month high of $0.04.

Bright Mountain Media Company Profile

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services. The company serves advertisers, advertising agencies and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc in December 2015.