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Stock impact report

JAKKS Pacific Reports Second Quarter 2018 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
SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. [NASDAQ: JAKK] today reported financial results for the second quarter ended June 30, 2018. Second Quarter 2018 Financial Results Net sales for the second quarter were $105.8 million compared to $119.6 million reported in the comparable period in 2017. The net loss attributable to JAKKS Pacific for the second quarter was $18.6 million, or $0.80 per diluted share. This compares to a net loss attributable to JAKKS Pacific of $16.7 million, or $0.77 per diluted share, reported in the comparable period in 2017. Adjusted EBITDA for the second quarter was negative $8.5 million, compared to Adjusted EBITDA of negative $5.4 million in the 2017 second quarter. See note below on “Use of Non-GAAP Financial Information.” Gross margin in the second quarter was 26.4%, down from 28.2% last year, as a result of an increased level of sales reserv Show less Read more
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