Funko knocks out Q1 profit [Seeking Alpha]
Funko, Inc. - Class A (FNKO)
Last funko, inc. - class a earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations:
investor.funko.com/investor-relations
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Source: Seeking Alpha
Funko knocks out Q1 profitFunko (NASDAQ:FNK) reports revenue growth of 39% to $137M inQ1 and income from operations of $5.8M.The company recorded $1.8M in costs tied to shipments to Toys "R" Us for which no revenue was recorded.Gross margin improved 210 bps to 37.4% of sales during the quarter.Funko ended the quarter with debt of $235M and inventory of $74M.CEO update: "Our business is not hit driven, but rather, a balanced mix of evergreen back catalog content and newly released content across movies, television, video games, music and sports. With the globalization of content and the worldwide recognition of our products and Pop! brand, we are seeing growing demand for our products around the globe and could not be more excited about our future."FNKO-0.31% premarket to $9.49.Previously:Funko beats by $0.03, beats on revenue (May 10)Click to subscribe to real-time analytics on FNKNow read:Options Mispricing Snapshot - May 7, 2018 »
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FNKO
News
- Make Star Wars Day 2024 unforgettable with Funko Pop! deals at Amazon [USA TODAY]USA TODAY
- Everything Announced This Star Wars Day [CNET News]CNET News
- Funko: The Final Phase Of Its Downturn [Seeking Alpha]Seeking Alpha
- Funko To Host 2024 First Quarter Financial Results Conference Call on Thursday, May 9, 2024Business Wire
- Kinder Joy Launches Harry Potter Collection Featuring 16 New Funko Toys [Yahoo! Finance]Yahoo! Finance
FNKO
Earnings
- 3/7/24 - Beat
FNKO
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- FNKO's page on the SEC website