iMedia Brands (IMBI) Tops Q2 EPS by 1c
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iMedia Brands Reports Second Quarter 2021 Results, Increases 2021 Guidance
August 24, 2021 6:00 AM EDTMINNEAPOLIS, Aug. 24, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the Company or IMBI) (NASDAQ: IMBI) today announced results for the second quarter ended July 31, 2021.
Q2 represented a significant achievement for us, said Tim Peterman, CEO of IMBI. Despite short-term logistic challenges that caused inventory receipt delays, we continued to optimize our existing television networks and consumer brands while strengthening our balance sheet and completing the acquisition of a leading video advertising platform that we believe, when combined with our first party customer data and our OTT App platform, Float Left, will become online publishers... More
