JAKKS Pacific (JAKK) Posts Q1 Loss of $1.57/Share

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JAKKS Pacific Reports First Quarter 2018 Financial Results

April 26, 2018 6:00 AM EDT

SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. [NASDAQ: JAKK] today reported financial results for the first quarter ended March 31, 2018.

First Quarter 2018 Financial Results

Net sales for the first quarter were $93.0 million compared to $94.5 million reported in the comparable period in 2017. The net loss attributable to JAKKS Pacific for the first quarter was $36.2 million, or $1.57 per diluted share. This compares to a net loss attributable to JAKKS Pacific of $18.3 million, or $1.01 per diluted share, reported in the comparable period in 2017. Adjusted EBITDA for the first quarter was negative $14.6 million, compared to Adjusted EBITDA of negative $10.6... More