STOCK TITAN
  1. Home
  2. News
  3. LPTV

Loop Media Inc - LPTV STOCK NEWS

Welcome to our dedicated news page for Loop Media (Ticker: LPTV), a resource for investors and traders seeking the latest updates and insights on Loop Media.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Loop Media's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Loop Media's position in the market.

News
Loop Media Announces Strategic Partnership with Adnimation to Increase CTV Ad Revenue
Rhea-AI Summary
Adnimation partners with Loop Media (LPTV) to boost ad revenue and diversify demand sources, yielding incremental revenue for both companies. Loop Media, a leading multichannel streaming CTV platform, collaborates with Adnimation's CTV Fusion tool to access Google's premium demand and enhance competition, fill rates, and CPMs across the Loop® CTV network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
partnership
-
News
Loop Media Announces Changes to Executive Team, Review of Operations and Cost Cutting Measures
Rhea-AI Summary
Loop Media, Inc. announces CEO Jon Niermann stepping down to focus on distribution and revenue, Justis Kao appointed as Interim CEO, Bruce Cassidy becomes Executive Chairman. The company plans to explore strategic alternatives and financing opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
Tags
none
-
News
Loop Media Introduces the “Customized Business Channel” for Companies to Easily Create Their Own Branded Entertainment Channel in Venue
Rhea-AI Summary
Loop Media, Inc. (LPTV) introduces a new enterprise program to create customized business channels for free, enhancing brand awareness and customer engagement. The program aims to help enterprise businesses control costs and attract new customers by providing branded content on in-venue screens via the Loop® TV network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.21%
Tags
none
News
Loop Media Reports 2024 Fiscal First Quarter Financial Results
Rhea-AI Summary
Loop Media, Inc. (LPTV) reports financial and operating results for its 2024 fiscal first quarter, showing a significant improvement in revenue and a reduced quarterly Adjusted EBITDA loss. The company's Q1 FY24 revenue exceeded $10 million, marking a 79% increase from the previous quarter. The revenue growth was purely organic, with no political advertising spend. Additionally, the quarterly Adjusted EBITDA loss decreased by 69% compared to the previous quarter. Despite entering the historically worst advertising quarter of the year, the CEO remains optimistic about the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
earnings
-
News
Loop Media Schedules 2024 Fiscal First Quarter Conference Call for February 6, 2024 at 5:00 p.m. ET
Rhea-AI Summary
Loop Media, Inc. (LPTV) will host a conference call to discuss its financial and operating results for its 2024 fiscal first quarter. The call will take place on February 6, 2024, at 5:00 p.m. Eastern time. Loop Media is a leading multichannel streaming CTV platform that provides curated music videos, sports, news, premium entertainment channels, and digital signage for businesses. Participants can join the call using the provided registration link and dial-in numbers. The conference call will also be available for replay on Loop Media's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.43%
Tags
earnings
-
News
Loop Media Accesses Capital and Reduces Prior Existing Debt
Rhea-AI Summary
Loop Media, Inc. (NYSE American: LPTV) has announced additional cash availability of approximately $4.0 million through insider warrant exercises and a new revolving debt facility. The company also converted existing long-term debt into shares and obtained funds from a new credit facility. They aim to strengthen their balance sheet and focus on growing their distribution footprint and revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.51%
Tags
none
News
OKO Digital Announces Strategic Partnership With Loop Media
Rhea-AI Summary
OKO Digital (GCPP) partners with Loop Media Inc., a leading provider of Loop®TV, for CTV and DOOH growth opportunities
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.66%
Tags
partnership
-
News
Loop Media Reports Full Year 2023 and Fourth Quarter Fiscal Financial Results
Rhea-AI Summary
Loop Media, a leading multichannel streaming platform (LPTV) reported a revenue increase to $31.6 million, with 103% YoY growth in Quarterly Active Units and a 22% SG&A Expense Reduction in Q4 2023 compared to Q4 2022. However, the company experienced a decrease in gross profit and gross margin, with a net loss of $(32.0) million or $(0.49) per share, compared to a loss of $(29.5) million or $(0.61) in fiscal year 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-38.29%
Tags
earnings
-
News
Loop Media Schedules Full Year 2023 and Fiscal Fourth Quarter Conference Call for December 12, 2023 at 5:00 p.m. ET
Rhea-AI Summary
Loop Media, Inc. (NYSE American: LPTV) will host a conference call on December 12, 2023, at 5:00 p.m. Eastern time to discuss its financial and operating results for its full year 2023 and fiscal fourth quarter ended September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.07%
Tags
earnings
News
Loop Media Rings in the Holiday Season with 10 Exclusive, Human-Curated Music Video Channels
Rhea-AI Summary
Loop Media, Inc. (LPTV) introduces 10 holiday channels on Loop® TV, offering a diverse range of festive music videos to create a joyful and celebratory atmosphere for businesses this holiday season. The channels are meticulously curated by the Loop® team and cater to a wide variety of tastes and preferences, ensuring a positive and engaging experience for customers. With a vast network of screens across North America, Loop® TV embraces the festive spirit by providing uninterrupted celebrations of holiday hits, genre-specific channels, classic holiday melodies, Yule log videos, and inspirational religious music.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
none
Stock LPTV logo
Loop Media Inc

NYSE:LPTV

LPTV Rankings

#5060 Ranked by Market Cap
#5459 Ranked by Stock Gains
N/A Ranked by Dividends

LPTV Stock Data

24.14M
32.63M
69.66%
10.63%
2.37%
Temporary Help Services
Administrative and Support and Waste Management and Remediation Services
Link
United States
Burbank

About LPTV

loop media, inc., a streaming media company, provides commercial streaming video products and solutions for businesses and consumers. it offers loop tv a plug and play with the loop tv application for amazon fire tv, roku, apple tv, and various smart tvs; and loop screencast, a solution for business. the company is based in palo alto, california.