JAKKS Pacific (JAKK) Misses Q2 EPS by 23c, Miss on Revenues

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JAKKS Pacific Reports Second Quarter 2018 Financial Results

July 26, 2018 6:00 AM EDT

SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. [NASDAQ: JAKK] today reported financial results for the second quarter ended June 30, 2018.

Second Quarter 2018 Financial Results

Net sales for the second quarter were $105.8 million compared to $119.6 million reported in the comparable period in 2017. The net loss attributable to JAKKS Pacific for the second quarter was $18.6 million, or $0.80 per diluted share. This compares to a net loss attributable to JAKKS Pacific of $16.7 million, or $0.77 per diluted share, reported in the comparable period in 2017. Adjusted EBITDA for the second quarter was negative $8.5 million, compared to Adjusted EBITDA of negative $5.4... More