IMBI - iMedia Brands GAAP EPS of -$0.82 misses by $0.75 revenue of $133.5M misses by $37.5M
2023-04-12 06:14:00 ET
- iMedia Brands press release ( NASDAQ: IMBI ): Q4 GAAP EPS of -$0.82 misses by $0.75 .
- Revenue of $133.5M (-31.1% Y/Y) misses by $37.5M .
- Management notes its Q4 net sales were impacted by the Company’s unexpected liquidity challenge and an estimated $10 million negative net sales impact driven by ShopHQ Networks’ proactive content distribution disruptions.
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iMedia Brands GAAP EPS of -$0.82 misses by $0.75, revenue of $133.5M misses by $37.5M