CMG Holdings Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 09:01 am EDT
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CMG Holdings Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.567627 million compared to USD 0.199286 million a year ago. Net income was USD 0.006676 million compared to USD 0.361333 million a year ago.
For the six months, sales was USD 0.975556 million compared to USD 0.292284 million a year ago. Net loss was USD 0.015968 million compared to net income of USD 0.484558 million a year ago.
CMG Holdings Group, Inc. is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. The Company's segments include XA The Experiential Agency, Inc. (XA) and CMG Holdings Group. It operates in the sectors of experiential marketing, event marketing, commercial rights, and talent management. Its experiential marketing includes production and promotion, event designs, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set designs, data analysis, and management. It also offers branding and design services, including graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations and interactive marketing platforms to provide its clients with a customary private digital media network to develop individual broadcasting digital media channels.
CMG HOLDINGS GROUP, INC. 
