CMG Holdings Group, Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 03:01 pm EDT
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CMG Holdings Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 199,286 compared to USD 9,609 a year ago. Operating loss was USD 246,665 compared to USD 158,106 a year ago. Net income was USD 361,333 compared to net loss of USD 18,004 a year ago. For the half year, sales was USD 292,284 compared to USD 9,609 a year ago. Operating loss was USD 356,229 compared to USD 368,144 a year ago. Net income was USD 484,557 compared to net loss of USD 92,542 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. 
