Funko-A: Q2 Earnings Snapshot
EVERETT, Wash. (AP) — EVERETT, Wash. (AP) — Funko, Inc. A (FNKO) on Thursday reported a loss of $73 million in its second quarter.
On a per-share basis, the Everett, Washington-based company said it had a loss of $1.54. Losses, adjusted for one-time gains and costs, were 43 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 38 cents per share.
The company posted revenue of $240 million in the period.
For the current quarter ending in September, Funko-A expects its results to range from a loss of 10 cents per share to a loss of 3 cents per share.
The company said it expects revenue in the range of $280 million to $310 million for the fiscal third quarter.
Funko-A expects full-year revenue in the range of $1.05 billion to $1.12 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNKO at https://www.zacks.com/ap/FNKO