Earnings Call Summary | Loop Media(LPTV.US) Q3 2024 Earnings Conference
Earnings Call Summary | Loop Media(LPTV.US) Q3 2024 Earnings Conference
The following is a summary of the Loop Media, Inc. (LPTV) Q3 2024 Earnings Call Transcript:
以下是Loop Media, Inc.(LPTV) 2024 第三季度業績會議通話記錄摘要:
Financial Performance:
金融業績：
Revenue for Q3 2024 was $4.4 million, down 24% from Q3 2023.
Gross profit margin was 20.9%, decreasing from 31.8% year-over-year due to lower revenue and less advantageous content license fees.
SG&A expenses were reduced to $4.1 million, a 35% decrease from the previous year, primarily due to cost-cutting measures.
Net loss improved to $5.5 million from $7.9 million in the same quarter last year.
2024年Q3營業收入爲440萬美元，比2023年Q3下降了24%。
毛利潤率爲20.9%，相比去年同期的31.8%下降，主要是因爲營業收入降低和較少有利的內容許可證費用。
銷售費用爲410萬美元，比上一年下降了35%，主要是由於削減成本措施。
淨虧損從去年同季度的790萬美元減少到550萬美元。
Business Progress:
業務進展：
Implemented cost-cutting strategies including workforce reductions and restructuring vendor agreements, aiming to maintain SG&A expenses under $4 million quarterly through fiscal 2025.
Transitioned to a more targeted distribution model to enhance advertising revenue opportunities, especially in smaller, less competitive markets.
Introduced a subscription offering with 40 live channels, including NFL-related content, to capitalize on the sports season.
實施了包括裁員和重組供應商協議等降低成本的策略，旨在通過2025財年將銷售費用保持在每季度400萬美元以下。
轉向更具有針對性的分銷模式，以增強廣告收入機會，特別是在較小、競爭較少的市場。
推出一個訂閱服務，提供40個直播頻道，包括NFL相關內容，以利用體育賽事季節。
Opportunities:
機會：
The targeted distribution efforts in less competitive markets and innovative offerings like the NFL-focused subscription service are expected to drive revenue growth.
在較少競爭市場的目標分銷和針對NFL的訂閱服務等創新性的服務有望推動營業收入增長。
Risks:
風險：
The change in algorithms by major ad demand participants has reduced the frequency of ad demands and ad fills, impacting revenue growth.
由主要廣告需求參與者的算法變更降低了廣告需求和填充的頻率，影響了營業收入增長。
More details: Loop Media IR
更多細節請見Loop Media IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。