trending Market Intelligence /marketintelligence/en/news-insights/trending/t4V6Q3eETMCf-xWoDWkqHw2 content esgSubNav
In This List

Bright Mountain Media Q1 loss widens 94.2% YOY

Blog

Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Blog

Are you ready for ISSB: Navigating Singapore’s climate risk reporting framework

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Case Study

A PE Firm Capitalizes on Market Opportunities with Robust Data and Analytics


Bright Mountain Media Q1 loss widens 94.2% YOY

Bright Mountain Media Inc. said its normalized net income for the first quarter came to a loss of $405,600, compared with a loss of $208,880 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to negative 95.6% from negative 67.4% in the year-earlier period.

Total revenue rose 36.9% year over year to $424,420 from $310,080, and total operating expenses climbed 64.2% on an annual basis to $1.1 million from $643,850.

Reported net income totaled a loss of $739,060, or a loss of 2 cents per share, compared to a loss of $407,020, or a loss of 1 cents per share, in the year-earlier period.