Funko (FNKO) Tops Q2 EPS by 5c
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Funko Reports Second Quarter 2018 Financial Results
August 9, 2018 4:06 PM EDTEVERETT, Wash., Aug. 09, 2018 (GLOBE NEWSWIRE) -- 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, 2018.
Second Quarter 2018 Highlights Versus Second Quarter 2017
Net sales increased 32% to $138.7 millionGross margin1 increased 120 basis points to 38.2%Income from operations increased 125% to $9.1 millionNet income improved $5.4 million to $0.9 million and earnings per diluted share were $0.01Adjusted pro forma net income2 improved $1.9 million to $3.5 million and adjusted pro forma earnings per diluted share2... More