Funko (FNKO) Tops Q1 EPS by 12c, Offers Guidance

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Go back to Funko (FNKO) Tops Q1 EPS by 12c, Offers Guidance

Funko Reports First Quarter 2022 Financial Results

May 5, 2022 4:18 PM EDT

Record First Quarter net sales

Raises full year net sales and adjusted EPS guidance to $1.275 to $1.325 billion and $1.80 to $1.90 respectively

EVERETT, Wash.--(BUSINESS WIRE)-- Funko, Inc. ("Funko, or the Company) (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Financial Highlights

Net sales increased 63.0% y/y to $308.3 million Net income grew 31.0% y/y to $14.5 million Adjusted EBITDA2 increased 21.8% y/y to $36.3 million GAAP... More