SANTA MONICA, Calif. (AP) _ Jakks Pacific Inc. (JAKK) on Wednesday reported a loss of $12.3 million in its first quarter.
The Santa Monica, California-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring gains, came to 72 cents per share.
The toymaker posted revenue of $66.6 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit 62 cents. A year ago, they were trading at 90 cents.