Funko-A: Q2 Earnings Snapshot
EVERETT, Wash. (AP) _ Funko, Inc. A (FNKO) on Thursday reported second-quarter net income of $14.7 million.
The Everett, Washington-based company said it had net income of 28 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.
The company posted revenue of $315.7 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $299.8 million.
Funko-A expects full-year earnings in the range of $1.88 to $1.99 per share, with revenue in the range of $1.3 billion to $1.35 billion.