Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2021 earnings results today.
Revenues inched up 1% year-over-year to $1.11 billion.
The company reported net earnings of $116.2 million, or $0.84 per share, compared to a net loss of $69.7 million, or $0.51 per share, last year. Adjusted earnings jumped more than 75% YoY to $138.4 million, or $1.00 per share.
The company beat market expectations on earnings but revenue fell short.
Hasbro ended the quarter with $1.43 billion in cash.
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