LPTV - Loop Media GAAP EPS of -$0.09 beats by $0.01 revenue of $14.8M beats by $0.96M
- Loop Media press release ( NYSE: LPTV ): Q1 GAAP EPS of -$0.09 beats by $0.01 .
- Revenue of $14.8M (+395.0% Y/Y) beats by $0.96M .
- Gross profit increased significantly to $5.7 million, with gross margin of 38.4%.
- Adjusted EBITDA (a non-GAAP financial measure defined below) improved to $(1.6) million compared to $(2.5) million.
- As of December 31, 2022, the Company had 26,903 quarterly active units (QAUs) operating on its platform, an increase of 47% compared FQ4 2022.
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Loop Media GAAP EPS of -$0.09 beats by $0.01, revenue of $14.8M beats by $0.96M