Funko Beats Q3 Earnings Estimates, Raises 2024 Adjusted EBITDA View
FNKOFunko(FNKO) ZACKS·2024-11-11 23:41

Funko, Inc. (FNKO) came up with third-quarter 2024 results, wherein the top and the bottom line surpassed the Zacks Consensus Estimate. While revenues declined year over year, earnings improved with the prior year.FNKO achieved a notable increase in gross margin this quarter, contributing to stronger-than-anticipated profitability. As a result, management raised its full-year adjusted EBITDA guidance.Funkois is actively working on its strategic plan for 2025 by enabling direct-to-consumer (DTC) shipping to ...