IMBI - iMedia Brands EPS beats by $0.16 beats on revenue

iMedia Brands (IMBI): Q1 GAAP EPS of -$0.21 beats by $0.16.Revenue of $113.2M (+18.1% Y/Y) beats by $14.01M.Gross margin rate +350 bps to was 40.6%.Total active customers grew by 14% Y/Y.For 2Q21, the company anticipates reporting at least $8M of adjusted EBITDA and ~$121M in revenue vs. consensus of $118.93M.For FY2021, the company anticipates adjusted EBITDA between $35M-$37M and revenue of at least $490M vs. consensus of $464.5MPress Release

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iMedia Brands EPS beats by $0.16, beats on revenue