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The Singing Machine Company, Inc. (MICS) Q2 2024 Earnings Call Transcript

  • The Singing Machine Company, Inc. (NASDAQ:MICS ) Q2 2024 Earnings Conference Call August 19, 2024 4:00 PM ET Company Participants Gary Atkinson - Chief Executive Officer Richard Perez - Chief Financial Officer Bernardo Melo - Chief Revenue Officer Vivek Sehgal - Chief Product Officer, SemiCab Operator Good afternoon, everyone, and welcome to Singing Machine Second Quarter 2024 Financial Results Earnings Call. My name is Savannah, and I will be your operator.
    08/19/2024

Singing Machine to Announce its Financial Results for the Second Quarter of 2024

  • Fort Lauderdale, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- today announced that its earnings for its second quarter of 2024 will be released Monday, August 19, 2024. The same day Management will host a conference call at 4:00 PM Eastern time to discuss the financial results and provide a business update. Management will also provide an update on the acquisition integration of SemiCab, an emerging AI-powered technology provider serving the global logistics space.
    08/14/2024
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The price of The Singing Machine Company, Inc. (MICS) is 0.74 and it was updated on 2025-04-26 07:01:26.

Currently The Singing Machine Company, Inc. (MICS) is in undervalued.

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Singing Machine Launches Official TikTok Shop

  • Company Significantly Expands Socia Media-Based Marketing Capabilities Through New TikTok Shop Seller Storefront
    Tue, Jul. 23, 2024

Singing Machine's Subsidiary, SemiCab, Announces Over $9 Million Contracted Revenue Backlog

  • SemiCab India Expected to Add Over $9 Million in Revenue in 2024 Fort Lauderdale, FL, July 16, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, recently announced it has successfully completed the acquisition of SemiCab, Inc. (“SemiCab”), a leading artificial intelligence technology company in the global logistics space. Today, the Company provided an update on the integration process for the newly created operations under SemiCab Holdings, LLC.
    Tue, Jul. 16, 2024

Singing Machine Completes Acquisition of Leading AI Logistics Company

  • Company Now Well Positioned for Accelerated Revenue Growth Fort Lauderdale, FL, July 05, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced it has successfully completed the acquisition of SemiCab, Inc. (“SemiCab”), a leading artificial intelligence technology company in the global logistics space. “We are very pleased to complete the acquisition of SemiCab,” commented Gary Atkinson, CEO of Singing Machine.
    Fri, Jul. 05, 2024

Singing Machine to Acquire SemiCab, a Leading AI Logistics Technology Company

  • SemiCab Generated $6 Million Revenue in 2023 Fort Lauderdale, FL, June 12, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced it has executed a definitive agreement to acquire SemiCab, Inc. (“SemiCab”), a leading artificial intelligence technology company that optimizes freight for Fortune 1000 clients in the US and Indian markets. SemiCab's AI technology was developed specifically to build a hyper-efficient trucking network that operates at a 90%+ utilization level, well above the industry standard of 65%.
    Wed, Jun. 12, 2024

Company Announces Strategic Alternatives

  • Fort Lauderdale, FL, May 23, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced its Executive Committee of the Board of Directors has authorized management to explore a range of potentially transformational corporate transactions. The primary purpose for this initiative is to explore transactions that can potentially create immediate, sustained shareholder value.
    Thu, May. 23, 2024
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Singing Machine Secures $2 Million Senior Credit Facility

  • Company Expands Non-Dilutive Working Capital Funding to Support Growth Fort Lauderdale, FL, April 03, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced the closing of a $2 million senior credit facility with Oxford Commercial Finance, a subsidiary of Oxford Bank. The credit facility has a 2-year term and is intended to support the funding of accounts receivable generated from ongoing sales.
  • 04/03/2024

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.
  • 02/27/2024

Singing Machine and Stingray Unveil New Karaoke Gaming & Scoring Capabilities Targeting the Automotive Market

  • Stingray and Singing Machine partner to debut major new automotive capabilities at CES 2024 Fort Lauderdale, FL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced a major new milestone in its partnership with leading music, media and technology company Stingray (TSX: RAY.A, RAY.B), to launch the next-generation karaoke experience for use in the automotive space. Singing Machine will be debuting the automotive karaoke experience at the Consumer Electronics Show in Las Vegas from January 9-12, 2024 by appointment only.
  • 01/08/2024

Singing Machine Completes $2.0 Million Private Placement

  • Two Strategic Partners Invest In an Above-Market Transaction,Becoming the Second and Third Largest Shareholders. Fort Lauderdale, FL, Nov. 27, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -- today announced the closing of a $2.0 million private placement of shares of common stock of the Company.
  • 11/27/2023

The Singing Machine Company, Inc. (MICS) Q2 2024 Earnings Call Transcript

  • The Singing Machine Company, Inc. (NASDAQ:MICS ) Q2 2024 Results Conference Call November 21, 2023 10:00 AM ET Company Participants Gary Atkinson - CEO & Chairman Lionel Marquis - CFO Bernardo Melo - Chief Revenue Officer Operator Good morning, everyone, and welcome to Singing Machine's Second Quarter Fiscal 2024 Financial Results Earnings Call. My name is Natalie, and I will be your operator today.
  • 11/23/2023

Singing Machine Announces Results of Operations For Second Quarter Fiscal 2024

  • Fort Lauderdale, FL, Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -- today released its results of operations for the three months ended September 30, 2023. Financial highlights are as follows:
  • 11/21/2023

Singing Machine to Announce its Financial Results for the Second Quarter Fiscal 2024

  • Fort Lauderdale, FL, Nov. 20, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- today announced that its earnings for its second quarter fiscal 2024 will be released tomorrow, Tuesday November 21, 2023. The same day Management will host a conference call at 10:00 AM Eastern time to discuss the financial results and provide a business update.
  • 11/20/2023

Singing Machine Unveils New Flagship Karaoke Product for Holiday Distribution Nationwide with Costco

  • Fully Redesigned WiFi Streaming Karaoke Product DeliversBest in Class Upgrades and Capabilities for In Home Use Fort Lauderdale, FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Th e Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products – today launched its fully redesigned flagship karaoke machine in partnership with Costco North America in time for the upcoming holiday season.
  • 09/11/2023

Singing Machine Announces Results of Operations for First Quarter of Fiscal 2024

  • Fort Lauderdale, FL, Aug. 18, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- today released its results of operations for the three months ended June 30, 2023. Financial highlights are as follows:
  • 08/18/2023

Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2024

  • Fort Lauderdale, FL, Aug. 17, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- today announced that its earnings for its first quarter fiscal 2024 will be released tomorrow, Friday August 18, 2023. The same day Management will host a conference call at 5:00 PM Eastern time to discuss the financial results and provide a business update.
  • 08/17/2023

Karaoke equipment maker Singing Machine's stock soars 47% as new party line available at 866 Walmart stores

  • The stock of Singing Machine Co. Inc. MICS, -3.06%, a maker of Karaoke machines, soared 47% in premarket trade Tuesday, after the company said it has launched a new party accessory product line that's available at about 866 Walmart WMT, +0.12% stores across the U.S. The line features the latest party accessory from Fort Lauderdale, Fla.-based Singing Machine, the Celebration Mic which is aimed at children's parties.
  • 07/18/2023

Singing Machine Announces Expanded Retail Presence with Walmart

  • Walmart Celebrations Party & Occasions Department to T est N ew Singing Machine Party Accessory in 866 S tores N ationwide
  • 07/18/2023

The Singing Machine Company, Inc. (MICS) Q4 2023 Earnings Call Transcript

  • The Singing Machine Company, Inc. (NASDAQ:MICS ) Q4 2023 Earnings Conference Call July 14, 2023 5:30 PM ET Company Participants Gary Atkinson - CEO & Chairman Lionel Marquis - CFO Bernardo Melo - VP of Global Sales and Marketing Conference Call Participants Operator Good afternoon, everyone, and welcome to the Singing Machine Fiscal 2023 Financial Results Earnings Call. My name is Travis and I'll be your operator.
  • 07/14/2023

Singing Machine Announces Updated Time for Earnings Call

  • Fort Lauderdale, FL, July 13, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- today announced that its earnings for its full fiscal year ended March 31, 2023 will be released at the close of market on Friday July 14, 2023. The same day Management will host a conference call at 5:30 PM Eastern time to discuss the financial results and provide a business update.
  • 07/13/2023

Finding Undervalued Penny Stocks: 3 Top Tips

  • Use these tips to find undervalued penny stocks The post Finding Undervalued Penny Stocks: 3 Top Tips  appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
  • 05/17/2023

64 percent of Nigeria children not fully vaccinated – MICS

  • The Multiple Indicator Cluster Survey (MICS) shows that Immunization coverage in Nigeria is below the Global Vaccine Action Plan (GVAP) goals. The survey shows that only 36% of children aged 12- 23 months received all recommended vaccines, while 18% did not receive any. This was contained in a statement signed by Media and Communication Manager, ... Read more The post 64 percent of Nigeria children not fully vaccinated – MICS appeared first on Warri Tatafo...
  • 04/27/2023

The Singing Machine Company, Inc. (MICS) Q3 2023 Earnings Call Transcript

  • The Singing Machine Company, Inc. (NASDAQ:MICS ) Q3 2023 Earnings Conference Call February 21, 2023 10:00 AM ET Company Participants Brendan Hopkins - IR Gary Atkinson - CEO & Chairman Lionel Marquis - CFO Conference Call Participants Operator Good day, everyone, and welcome to today's Singing Machine's Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.
  • 02/26/2023

Singing Machine Company, Inc. (MICS) Q2 2023 Earnings Call Transcript

  • Singing Machine Company, Inc. (NASDAQ:MICS ) Q2 2023 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Bernardo Melo - Chief Revenue Officer & Director Lionel Marquis - CFO Gary Atkinson - CEO & Chairman Brendan Hopkins - IR Contact Conference Call Participants Operator Good day, everyone, and welcome to today's Singing Machine's Second Quarter Earnings Call. [Operator Instructions].
  • 11/15/2022

Singing Machine to Announce its Financial Results for the Second Quarter Fiscal 2023

  • Fort Lauderdale, FL, Nov. 10, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -- today announced that its earnings for its second quarter fiscal 2023 will be released on Monday, November 14, 2022. The same day Management will host a conference call at 5:00 pm Eastern time to discuss the financial results and provide a business update.
  • 11/10/2022

NERV, FAZE: The Top 5 Short Squeeze Stocks This Week

  • Source: Shutterstock Short squeeze stocks are still worth keeping track of as traders look for potential gains this week! This has us turning to Fintel and its Short Squeeze Leaderboard for the latest stocks to keep an eye on.
  • 09/26/2022

ATHX, PETS: The Top 5 Short Squeeze Stocks to Watch This Week

  • Source: g0d4ather / Shutterstock.com We're starting off another week with a deep dive into the short squeeze stocks to watch! Short squeeze stocks have been popular with traders in recent months as they search for the next big breakout.
  • 09/12/2022

The Singing Machine Company, Inc. (MICS) CEO Gary Atkinson on Q1 2023 Results - Earnings Call Transcript

  • The Singing Machine Company, Inc. (NASDAQ:MICS ) Q1 2023 Earnings Conference Call August 23, 2022 10:00 AM ET Company Participants Brendan Hopkins - Investor Relations Gary Atkinson - Chief Executive Officer Bernardo Melo - Chief Revenue Officer & Director Lionel Marquis - Chief Financial Officer Conference Call Participants Rommel Dionisio - Aegis Capital Eric Nickerson - Third Century Partners Operator [Operator Instructions] Good day everyone and welcome to today's Singing Machine Report's First Quarter Earnings. [Operator Instructions] Please note this call is being recorded.
  • 08/23/2022

MICS, REV: The Top 5 Short Squeeze Stocks to Watch This Week

  • Source: Shutterstock Investors looking for the most likely short squeeze stocks to watch this week are in the right place! We're going over a list of the top five short squeeze stocks that investors will want to keep an eye on.
  • 08/22/2022

Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2023

  • Fort Lauderdale, FL, Aug. 16, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -- today announced that its earnings for its first quarter fiscal 2023 will be released on Monday, August 22, 2022. The following day, Tuesday, August 23, 2022 Management will host a conference call at 10:00 am Eastern time to discuss the financial results and provide a business update.
  • 08/16/2022

TBLT, USWS: The Top 5 Short Squeeze Stocks to Watch This Week

  • Source: Shutterstock We're diving into the top short squeeze stocks that traders will want to keep an eye on this week! Short-squeeze stocks are popular with a certain brand of traders.
  • 08/15/2022

REV, CSSE: The Top 5 Short Squeeze Stocks to Watch This Week

  • Short squeeze stocks are still hot among retail traders and we're helping them out with a list of companies to watch this week! The post REV, CSSE: The Top 5 Short Squeeze Stocks to Watch This Week appeared first on InvestorPlace.
  • 07/18/2022

The Singing Machine Company, Inc. (MICS) CEO Gary Atkinson on Q4 2022 Results - Earnings Call Transcript

  • The Singing Machine Company, Inc. (NASDAQ:MICS ) Q4 2022 Earnings Conference Call July 15, 2022 10:00 AM ET Company Participants Brendan Hopkins - IR Gary Atkinson - CEO Lionel Marquis - CFO Bernardo Melo - VP Global Sales and Marketing Conference Call Participants Rommel Dionisio - Aegis Capital Corey Deutsch - Paradigm Opportunities Fund Eric Nickerson - Third Century Operator Good day, everyone, and welcome to The Singing Machine Fiscal 2022 Earnings Report. At this time all participants are in listen-only mode.
  • 07/15/2022

5 Top Short Squeeze Stocks to Watch This Week

  • It's a new week and that means it's time to check in on all of the short squeeze stocks that traders need to keep an eye on! The post 5 Top Short Squeeze Stocks to Watch This Week appeared first on InvestorPlace.
  • 07/11/2022

Singing Machine to Announce its Financial Results for the Full Fiscal 2022 Year

  • Fort Lauderdale, FL, July 11, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -- today announced that its earnings for its fiscal year ended March 31, 2022 will be released on Thursday, July 14, 2022. The following day Management will host a conference call at 10:00 am Eastern time to discuss the financial results and provide a business update.
  • 07/11/2022

MICS, AERC: 5 Top Short Squeeze Stocks to Watch

  • With a new week comes all of the latest short-squeeze stocks that investors are going to want to keep an eye on and we've got a list to help! The post MICS, AERC: 5 Top Short Squeeze Stocks to Watch appeared first on InvestorPlace.
  • 07/05/2022
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