Bright Mountain Media (OTCMKTS:BMTM) Posts Earnings Results

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

Bright Mountain Media Stock Performance

OTCMKTS BMTM opened at $0.01 on Wednesday. Bright Mountain Media has a 12-month low of $0.00 and a 12-month high of $0.04. The company has a fifty day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. The stock has a market cap of $912,700.00, a P/E ratio of -0.06 and a beta of 125.06.

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.