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Stock impact report

JAKKS Pacific Reports First Quarter 2022 Financial Results

JAKKS Pacific, Inc. (JAKK) 
Last jakks pacific, inc. earnings: 2/19 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: jakks.com/investors
Company Research Source: Business Wire
Highest Q1 Net Sales & Earnings per Share in 14 years SANTA MONICA, Calif.--(BUSINESS WIRE)--JAKKS Pacific, Inc. [NASDAQ: JAKK] today reported financial results for the first quarter ended March 31, 2022.First Quarter 2022 Overview:Net sales were $120.9 million, up 44% compared to $83.8 million last yearHighest Q1 net sales since 2008Costume business more than doubled vs. Q1 2021Net loss attributable to common stockholders of $4.2 million (or $0.43 per share) compared to a net loss attributable to common stockholders of $24.4 million (or $4.54 per share) in Q1 2021Adjusted net loss attributable to common stockholders (a non-GAAP measure) of $2.6 million (or $0.28 per share), compared to an adjusted net loss attributable to common stockholders of $9.5 million (or $1.77 per share) in Q1 2021Adjusted EBITDA (a non-GAAP measure) was $1.9 million, compared to negative $2.4 million in the first quarter of 2021Trailing twelve month adjusted EBITDA of $53.6 million (8.1% of net sales) up 3 Show less Read more
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