Funko (FNKO) Tops Q2 EPS by 11c

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Go back to Funko (FNKO) Tops Q2 EPS by 11c

Funko Reports Second Quarter 2020 Financial Results

August 6, 2020 4:05 PM EDT

Successfully Launched New Products Across Multiple Categories

EVERETT, Wash.--(BUSINESS WIRE)-- Funko, Inc. ("Funko, or the Company) (Nasdaq: FNKO), a leading pop culture consumer products company, today reported its consolidated financial results for the second quarter ended June 30, 2020.

Second Quarter 2020 Financial Summary

Net sales of $98.1 million Gross margin1 of 36.6% SG&A expenses decreased 10% to $39.1 million Net loss of $15.0 million Adjusted EBITDA2 of $0.2 million Total liquidity3 of $87.0 million as of June 30, 2020

Second Quarter 2020 Operating... More