Acorn International Reports Second Quarter 2020 Financial Results
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Acorn International (ATV) Reports Q2 Revenues of $8.7M
September 30, 2020 6:39 AM EDTAcorn International (NYSE: ATV) reported Q2 revenue for the quarter came in at $8.7 million.
Second Quarter Estimated Results Highlights
Net revenues increased 3.6% year-over-year in Q2 2020 to US$8.7 million.Gross profit decreased 0.8% year-over-year in Q2 2020 to US$6.0 million.Gross margin was 69.4% in Q2 2020, compared to 72.4% in Q2 2019.Loss from continuing operations was US$0.7 million in Q2 2020, compared to a loss from continuing operations of US$0.4 million in Q2 2019.Net income was US$2.0 million in Q2 2020 as compared to net income of US$0.1 million in Q2 2019. In Q2... More