SANTA MONICA, Calif. (AP) _ Jakks Pacific Inc. (JAKK) on Thursday reported a loss of $29.2 million in its first quarter.
The Santa Monica, California-based company said it had a loss of $1.24 per share. Losses, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 98 cents per share.
The toymaker posted revenue of $70.8 million in the period.
In the final minutes of trading on Thursday, the company's shares hit $1.01. A year ago, they were trading at $2.50.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JAKK at https://www.zacks.com/ap/JAKK