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0 0.00104275286757036 0.00104275286757036 0.00104275286757036 0.00104275286757036 -0.049009384775808 -0.0364963503649635 -0.0458811261730969
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Funko Reports First Quarter 2018 Financial Results

Funko, Inc. - Class A (FNKO) 
Last funko, inc. - class a earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.funko.com/investor-relations
Company Research Source: GlobeNewswire
EVERETT, Wash., May 10, 2018 (GLOBE NEWSWIRE) -- Funko, Inc. ("Funko,” or the “Company”) (Nasdaq:FNKO), a leading pop culture consumer products company, today reported its financial results for the first quarter ended March 31, 2018. First Quarter 2018 Highlights Net sales increased 38.5% to $137.2 millionGross margin(a) increased 210 basis points to 37.4% and included $1.8 million of costs related to Toys R Us shipments for which no revenue was recognizedIncome from operations increased $5.8 million to $7.2 millionNet income increased to $2.2 million from a net loss of $5.6 millionEarnings per diluted share was $0.04Adjusted pro forma net income(b) was $1.7 million, adjusted pro forma earnings per diluted share(b) was $0.03 and adjusted EBITDA(b) was $17.5 million ________________________ (a) Gross margin is calculated as net sales less cost of sales (excluding depreciation and amortization) as a percentage of net sales. (b)  Adjusted pro forma net income, adjusted pro forma e Show less Read more
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