Loop Media beats Q1 EPS consensus but falls 10%, with Roth MKM lowering price target to $0.50.

Loop Media (LPTV) reported Q1 earnings, beating consensus estimates by $0.02 EPS, with a loss of $0.07 EPS and $4.35M revenue. Shares initially fell 10% but later recovered. Roth MKM lowered price target to $0.50, maintaining a buy rating. Loop offers hand-curated music video content from major labels such as Universal, Sony, and Warner, with non-music video content from third parties.