Funko (FNKO) Tops Q3 EPS by 10c, Beats on Revenue; Offers FY24 Guidance
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Funko Reports Third Quarter 2024 Financial Results; Updates 2024 Full-Year Outlook
November 7, 2024 4:05 PM EST--Q3 Net Sales, Gross Margin and Adjusted EBITDA at High End or Above Expectations--
EVERETT, Wash.--(BUSINESS WIRE)-- Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the third quarter ended September 30, 2024.
Third Quarter Financial Results Summary: 2024 vs 2023
Net sales were $292.8 million compared with $312.9 million Gross profit was $119.8 million, equal to gross margin of 40.9%. This compares with $104.0 million, equal to gross margin of 33.2%, which included $6.4 million of non-recurring charges SG&A expenses were $92.7 million,... More