Bright Mountain Media Inc. Reports 14% Revenue Increase and 32% Reduction in Net Loss for Q1 2025

Reuters

06/01

Bright Mountain Media Inc. Reports 14% Revenue Increase and 32% Reduction in Net Loss for Q1 2025

Bright Mountain Media, Inc. reported its financial results for the first quarter ending March 31, 2025, revealing a 14% increase in revenue to $14.2 million compared to the same period in 2024. The company's gross margin also rose by 36% to $4.3 million, up from $3.1 million in the first quarter of the previous year. The net loss for the quarter was reduced by 32% to $3.2 million, compared to a net loss of $4.8 million in the same period in 2024. Adjusted EBITDA showed significant improvement, reaching $816,000, an increase of 173% from an Adjusted EBITDA loss of $1.1 million in the first quarter of 2024. CEO Matt Drinkwater highlighted the strong financial performance, citing continued financial momentum and solid gains across key performance metrics.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bright Mountain Media Inc. published the original content used to generate this news brief on May 31, 2025, and is solely responsible for the information contained therein.

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Reports 14% Revenue Increase and 32% Reduction in Net Loss for Q1 2025\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-01 05:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Bright Mountain Media Inc. Reports 14% Revenue Increase and 32% Reduction in Net Loss for Q1 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Bright Mountain Media, Inc. reported its financial results for the first quarter ending March 31, 2025, revealing a 14% increase in revenue to $14.2 million compared to the same period in 2024. The company's gross margin also rose by 36% to $4.3 million, up from $3.1 million in the first quarter of the previous year. The net loss for the quarter was reduced by 32% to $3.2 million, compared to a net loss of $4.8 million in the same period in 2024. Adjusted EBITDA showed significant improvement, reaching $816,000, an increase of 173% from an Adjusted EBITDA loss of $1.1 million in the first quarter of 2024. 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Bright Mountain Media Inc. published the original content used to generate this news brief on May 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMTM","symbol_name":"光明山傳媒","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250531:nNDL1l3KmC:1","article_id":"2540478229","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540478229","pubTimestamp":1748726446,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Bright Mountain Media, Inc. reported its financial results for the first quarter ending March 31, 2025, revealing a 14% increase in revenue to $14.2 million compared to the same period in 2024. 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