Company generates record subscriptions sales for 2023 holiday season

Karaoke subscription service generated $3.28 million in sales, 35% increase year-over-year fort lauderdale, fl, feb. 27, 2024 (globe newswire) -- the singing machine company, inc. (“singing machine” or “the company”) (nasdaq: mics) – the worldwide leader in consumer karaoke products, today announced a significant new milestone in its partnership with leading music, media and technology company, stingray group, inc. (“stingray”), for their shared karaoke subscription service. for 2023, the stingray-singing machine subscription service generated a record $3.28 million in gross sales, representing a 34.8% increase over the prior calendar year subscription sales.
MICS Ratings Summary
MICS Quant Ranking