Bright Mountain Media (OTCMKTS:BMTM) Issues Quarterly Earnings Results

Bright Mountain Media (OTCMKTS:BMTM) posted its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $13.63 million for the quarter.

Bright Mountain Media Price Performance

Shares of BMTM remained flat at $0.01 during trading hours on Friday. Bright Mountain Media has a 12-month low of $0.00 and a 12-month high of $0.04. The stock’s 50-day moving average price is $0.01 and its 200 day moving average price is $0.01. The company has a market cap of $1.67 million, a P/E ratio of -0.13 and a beta of 114.49.

About Bright Mountain Media

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.