2023-05-04 16:22:59 ET
- Funko press release ( NASDAQ: FNKO ): Q1 Non-GAAP EPS of $0.49.
- Revenue of $251.9M (-18.3% Y/Y).
- Net loss increased 521% to $61.1 million
- Adjusted EBITDA 1 loss increased 139% to $14.0 million
- GAAP loss per diluted share of $1.17
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“Due to our actions to reduce our cost structure, we are raising the midpoint of our outlook for adjusted EBITDA for the full year to between $65 million and $75 million. While our top priority continues to be improving our operations, we haven’t lost sight of all the tremendous opportunities that we believe will drive long-term growth and shareholder value.”
For further details see:
Funko Non-GAAP EPS of $0.49, revenue of $251.9M