IDW - IDW Media GAAP EPS of $0.03 misses by $0.03 revenue of $10.5M misses by $0.16M
- IDW Media press release ( NYSE: IDW ): Q4 GAAP EPS of $0.03 misses by $0.03 .
- Revenue of $10.5M (+47.9% Y/Y) misses by $0.16M .
- IDW Publishing ("IDWP") revenue decreased to $5.7 million from $6.9 million in 4Q21 primarily due to fewer titles being released during the quarter. Digital sales were flat as compared to 4Q21.
- IDWE revenue increased to $4.8 million compared to $0.2 million in 4Q21, driven by the recognition of revenue from Locke & Key season three.
- Consolidated income from operations was $0.3 million compared to a consolidated operating loss of $1.9 million in 4Q21.
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IDW Media GAAP EPS of $0.03 misses by $0.03, revenue of $10.5M misses by $0.16M