Funko reports Q3 adjusted EPS 14c, consensus 4c

Reports Q3 revenue $292.8M, consensus $289.6M. “We reported solid financial results for the 2024 third quarter,” said Cynthia Williams, Chief Executive Officer of Funko (FNKO). “As expected, net sales were down compared with the prior-year quarter, though in the top end of our guidance range. On the other hand, we delivered better than expected profitability on improved gross margins, as we did in the first two quarters of this year.”