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Bright Mountain Media Inc   (BMAQ)
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EARNINGS REPORT by CSIMarket

Company Fail to Break-even Despite Surge in Sales

Bright Mountain Media Inc announced third quarter 2020 operating loss of $-3.433917 millions

By_TIFFANY_DAWN_NICHOLSON_(TDNphoto)_(Flickr_Anna_checking_facebook)_[CC-BY-2.0_(http_creativecommons.org_licenses_by-2.0)]_via_Wikimedia_Commons.jpgBright Mountain Media Inc announced very strong Sales growth of 131.61 % year on year to $5 millions in the third quarter 2020, but increased losses at $-0.51.

Compare to previous quarter increased losses from $-0.03 per share and Sales doubled by 115.24 % from $2 millions.

For the third quarter 2020 Bright Mountain Media Inc realized net loss of $-56.572 million, bigger than $-2.037 million a year ago.


Bright Mountain Media Inc is expected to report next financial results on February 26, 2021.


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Bright Mountain Media Inc announced third quarter 2020 operating loss of $-3.433917 millions

Advanced Oxygen Technologies Inc recorded operating surplus of $0.006992 millions, in the fiscal period ending Dec 31 2020, a progress from the operating income of $0.002823 millions, reported in second quarter of 2019

Looking into results from previous quarter Sales decreased by -0.44% from $0.01 millions and from $-0.00 per share.

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Mj Holdings Inc announced fiscal time frame ending Mar 31 2020 operating shortfall of $-1.166131 millions

Mj Holdings Inc announced very strong Sales growth of 5497.03% year on year to $0.46 millions in the fiscal time frame ending Mar 31 2020, but lost money at $-0.02.

compared to previous quarter from $-0.02 per share and Sales surged by 62.72 % from $0.28 millions.

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Wall Street Media Co Inc announced first quarter of 2020 operating income of $0.003346 millions

Wall Street Media Co Inc recorded operating income of $0.003346 millions, in the first quarter of 2020, a degradation from the operating profit of $0.016189 millions, reported in first quarter of 2019

Sales crumbled by -29.82% to $0.04 millions from $0.06 millions in the same quarter a year ago and sequentially Sales surged by 33.33 % from $0.03 millions.

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Crossamerica Partners Lp announced third quarter of 2020 earnings season operating surplus of $23.692 millions

Company achieved eps growth of 180 % to $0.56 in the third quarter of 2020 earnings season, Sales increased by 9.85% to $638.24 millions in comparison to $581.03 millions in the prior year quarter.

compared to previous quarter eps more than doubled by 300 % from $0.14 per share and Sales surged by 47.68 % from $432.17 millions.

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Economy gains 610,000 jobs, unemployment rate 6.9 %

The nonfarm payrolls grew 610,000 in November, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

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Wholesale prices climbed 0.1 % in November

U.S. Wholesale prices rose 0.1 % in November, led by growth in food, materials for manufacturing and crude petroleum prices.

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Construction of new homes in U.S. continue to grow

Housing starts continue to increase after recent decline, as construction of multi-family housing units as well as growing demand for single-family homes, helped to clinch a 1.1 % gain in November.

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Impairment charges of $156.60 million, hurt Ihs Markit Ltd profits in the fourth quarter of 2020

Impairment charges of $156.60 million, hurt Ihs Markit Ltd profits in the fourth quarter of 2020

From the preceding quarter, eps decreased from $0.41 per share and Sales increased by 3.17 % from $1.07 billions.

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Logged a Loss but Revenues Unchanged

In the financial third quarter of 2020 Petrogas Co lost money of $-0.01 per share compared to $-0.01 a year ago and from $-0.01 per share from the previous quarter.

Petrogas Co reported operating deficit of $-0.005 millions, in the financial third quarter of 2020, an improvement from the operating loss of $-0.005356 millions, realized in third quarter of 2019

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Andes 7 Inc announced most recent fiscal period operating shortfall of $-0.041159 millions

In the most recent fiscal period Andes 7 Inc lost money of $-0.03 per share compared to $-0.13 a year ago and eps fell from $0.92 per share from the previous quarter.

Sales fell sharply by -100% to $0.01 millions from $1.98 billions in the same quarter a year ago and sequentially Sales decreased by -3.06% from $0.01 millions.

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Med Spa Vacations Inc announced operating loss of $0 millions, in the fiscal third quarter of 2020, an advancement from the operating shortfall of $-0.018561 millions, recorded in the same quarter a year ago.

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Deterioration in Earnings, Sales Down Slightly

Intel Corporation announced disappointing results, eps deteriorated by -10.01% to $1.42 from $1.58 and Sales declined by -1.14% to $19.98 billions in the fourth quarter of 2020, year on year.

From the preceding quarter, earnings grew from $1.02 per share and Sales advanced by 8.97 % from $18.33 billions.

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Deterioration in Earnings, Sales Faded

In the fourth quarter of 2020 earnings season Kb Home income fell by -15.27% of $1.12 per share compared to $1.32 a year ago and earnings grew by 34.94 % from $0.83 per share from the previous quarter.

Sales crumbled by -23.38% to $1.19 billions from $1.56 billions in the same quarter a year ago and sequentially Sales improved by 19.54 % from $999.01 millions.

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Other BMAQ's Earnings Reports

Bright Mountain Media Inc reported second quarter 2020 earnings

Bright Mountain Media Inc reported first quarter 2020 earnings

Bright Mountain Media Inc reported fourth quarter 2019 earnings

       
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