2023-07-26 16:12:41 ET
- Mattel press release ( NASDAQ: MAT ): Q2 Non-GAAP EPS of $0.10 beats by $0.13 .
- Revenue of $1.08B (-12.9% Y/Y) beats by $81.59M .
- Gross Margin of 45.1%, an increase of 70 basis points; Adjusted Gross Margin of 44.9%, flat to the prior year
- Operating Income of $63 million, a decrease of $62 million; Adjusted Operating Income of $75 million, a decrease of $47 million
- Net Income of $27 million compared to prior year Net Income of $66 million
- Adjusted EBITDA of $148 million, a decrease of $37 million
- Repurchased $16 million of shares, bringing first half total to $50 million
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Mattel Non-GAAP EPS of $0.10 beats by $0.13, revenue of $1.08B beats by $81.59M