JAKKS Pacific (JAKK) Posts Q2 Loss of 30c/Share

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JAKKS Pacific Reports Second Quarter 2015 Results

July 22, 2015 7:51 AM EDT

Company Reiterates 2015 Financial Guidance

SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported second quarter financial results. For the quarter ended June 30, 2015, the Company reported net sales of $131.1 million, compared to $124.2 million reported in the comparable period in 2014. The reported net loss for the second quarter was $5.7 million, or $0.30 per diluted share. This compares to a net loss of $9.1 million, or $0.43 per diluted share, reported in the comparable period in 2014. Adjusted EBITDA for the second quarter of 2015 improved to $1.5 million, compared to Adjusted EBITDA of... More