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IMBI News and Press, iMedia Brands Inc. From 06/10/21

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Company Name: iMedia Brands Inc.
Stock Symbol: IMBI
Market: NYSE

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IMBI - iMedia Brands prices equity offering at $9.00/share

iMedia Brands (IMBI) has priced its public offering of 4,830,918 common shares,  at a public offering price of $9.00/share, for expected gross proceeds of ~$43.5M.Underwriters' over-allotment is an additional 724,638 shares.All of the securiti...

IMBI - iMedia Brands Announces Pricing of $43.5 Million Public Offering of Common Stock

MINNEAPOLIS, June 10, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (NASDAQ: IMBI) today announced the pricing of an underwritten public offering of 4,830,918 shares of its common stock, at a public offering price of $9.00 per share. In addition, iMedia Brands has granted the underwriter a 3...

IMBI - 2 E-Commerce Stocks to Buy in June, 2 to Avoid

E-commerce companies are currently witnessing declining traffic and sales as people return to shopping at brick & mortar stores with the reopening of the economy. While Cars.com (CARS) and iMedia Brands (IMBI) possess impressive growth potential given their innovative products and service...

IMBI - iMedia Brands, Inc. (IMBI) CEO Tim Peterman on Q1 2021 Results - Earnings Call Transcript

iMedia Brands, Inc. (IMBI) Q1 2021 Earnings Conference Call May 25, 2021 08:30 AM ET Company Participants Monty Wageman - Corporate Controller Tim Peterman - Chief Executive Officer Conference Call Participants Tom Forte - D.A. Davidson Mark Argento - Lake Street Capital Markets Alex Fuhrman ...

IMBI - iMedia Brands, Inc. 2021 Q1 - Results - Earnings Call Presentation

The following slide deck was published by iMedia Brands, Inc. in conjunction with their 2021 Q1 earnings call. For further details see: iMedia Brands, Inc. 2021 Q1 - Results - Earnings Call Presentation

IMBI - iMedia Brands rallies on updated 2021 guidance

iMedia Brands ([[IMBI]] +11.0%) reports Q1 revenue of $113.2M (+18.1% Y/Y), beating consensus by $14M.During Q1, the Co. launched 34 new brands across its television networks ShopHQ, ShopBulldogTV and ShopHQHealth.Gross margin was 40.6%, an improvement of 350 bps and Adj. EBITDA imp...

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. cons...

IMBI - iMedia Brands Reports First Quarter 2021 Results, Updates 2021 Guidance

MINNEAPOLIS, May 25, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI) today announced results for the first quarter ended May 1, 2021. First Quarter 2021 Summary & Recent Highlights Q1 net sales were $113.2 million, an increase of...

IMBI - iMedia's ShopHQ Set to Launch in 20+ Million High-Definition Homes in Top U.S. Markets

Markets Include New York, Los Angeles, San Francisco, Dallas, Boston, Philadelphia & Washington, D.C. iMedia Announces Affiliation Partnership with RNN, the Largest Independent Broadcaster Group in U.S. MINNEAPOLIS, May 20, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (t...

IMBI - iMedia Brands Sets First Quarter 2021 Conference Call for Tuesday, May 25, 2021, at 8:30 a.m. ET

MINNEAPOLIS, May 04, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI) will hold a conference call on Tuesday, May 25, 2021, at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended May 1, 2021. The Company will report it...

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