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Post-earnings rip for Funko

May 03, 2019 9:16 AM ETFunko, Inc. (FNKO) StockBy: Clark Schultz, SA News Editor4 Comments
  • Funko (NASDAQ:FNKO) races 8.8% higher in premarket action after comfortably besting Q1 estimates on sales growth of 22%.
  • The company says the number of active properties increased 35% to 611 and pointed to strong demand with the Loungefly accessory and other softlines products.
  • Looking ahead, Funko anticipates sales to be in a range of $810M to $825M vs. $820M consensus and adjusted EBITDA to be in a range of $133M to $143M.
  • Previously: Funko beats by $0.08, beats on revenue (May 2)

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