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STARSTREAM ENTMT INC - SSET STOCK NEWS

Welcome to our dedicated page for STARSTREAM ENTMT news (Ticker: SSET), a resource for investors and traders seeking the latest updates and insights on STARSTREAM ENTMT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect STARSTREAM ENTMT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of STARSTREAM ENTMT's position in the market.

Rhea-AI Summary

Starstream Entertainment's subsidiary, Facetime Consulting and Promotions, anticipates record revenues in its upcoming Q1 2022 report. President Carla Rissell noted that Q1 revenues could approach the total of the previous year's Q1 and Q2 combined, suggesting more than double the revenue year-to-date. Rate increases have bolstered the ability to attract skilled staff in a competitive labor market, enhancing service quality. New business bookings are rising, and Facetime has expanded with a new wearables division, contributing to profitability and continued growth focus for 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25%
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Rhea-AI Summary

Starstream Entertainment (SSET) announces that its subsidiary, Facetime Consulting and Promotions, has surpassed a significant corporate milestone by invoicing clients over $1 million in the current 2021 fiscal year. October was particularly successful, with a revenue increase of over 350% compared to October 2020. Facetime successfully completed over 700 events in October alone. The company anticipates continued strong performance through the holiday season as demand for its services remains high.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.05%
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Rhea-AI Summary

Starstream Entertainment Inc. (SSET) announced its subsidiary, Facetime Consulting and Promotions, completed over 250 events in the first twelve days of October 2021, showing strong demand in the event staffing industry. Following a record month in September with 609 events, Facetime is projected to exceed October 2020 revenue by over 300%. New service offerings, including Point-of-Sale solutions, are positively impacting the bottom line. The company continues to experience increased client interest and is on track for its largest corporate month in history.

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Rhea-AI Summary

Starstream Entertainment's subsidiary, Facetime Consulting and Promotions, reported significant growth, completing over 330 promotional events in August and over 600 in September 2021. This increase is attributed to strong client relationships, expanded marketing solutions, and strategic regional hiring in Georgia, Alabama, and South Carolina.

Facetime aims to be a comprehensive marketing partner, enhancing their service offerings including custom point-of-sale solutions. The company is also pursuing expansions within its management structure.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4%
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Rhea-AI Summary

Starstream Entertainment's (SSET) subsidiary, Facetime Consulting, has expanded its services by adding Point Of Sale Design and Uniform Design to its marketing solutions. The global workwear market, valued at USD 28.3 billion in 2018, is projected to grow to USD 43 billion by 2025. CEO Carla Rissell emphasized the importance of branding and noted that Facetime has successfully reached clients beyond Florida, with expectations for a record year despite COVID-19 challenges. The company continues to enhance its offerings, focusing on client needs and expanding its operational footprint.

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FAQ

What is the current stock price of STARSTREAM ENTMT (SSET)?

The current stock price of STARSTREAM ENTMT (SSET) is $0.00449 as of April 16, 2024.

What is the market cap of STARSTREAM ENTMT (SSET)?

The market cap of STARSTREAM ENTMT (SSET) is approximately 700.0K.

STARSTREAM ENTMT INC

OTC:SSET

SSET Rankings

SSET Stock Data

700.05k
135.01M
3.57%
Staffing & Employment Services
Industrials
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United States of America
Monterey