— Funko Inc. (NASDAQ: FNKO) reported fourth-quarter 2019 adjusted earnings of $0.18 per share, versus $0.16 per share expected.
— Net sales decreased 8% year-over-year to $213.5 million from $233.2 million last year, vs. $213.75 expected
— The number of active properties increased by 14% to 667 from 583 in the fourth quarter of 2018; net sales per active property decreased by 20%
— On a geographical basis, net sales in the United States decreased 9% and international net sales dropped 8%
— On a product category basis, net sales of figures dropped 10% and net sales of other products decreased 3%
— Expects net sales to be in the range of $840 million to $865 million in fiscal 2020, representing a 6-9% annual growth
— Looking for full-year adjusted EBITDA between $115 million and $125 million, representing adjusted EBITDA margin of 13.7-14.5%
— Estimates adjusted earnings to be in the $0.85-$1.00 per share range; expects full-year adjusted net income to be between $43.3 million and $50.8 million
Most Popular
AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard
