Funko -42% after Q4 results limp in

Feb. 05, 2020 4:44 PM ETFunko, Inc. (FNKO)By: Clark Schultz, SA News Editor41 Comments
  • Funko (NASDAQ:FNKO) sinks after the company provides preliminary Q4 results.
  • Funko reports Q4 revenue of $214M vs. $264M consensus and EPS of $0.16 to $0.18 vs. $0.43 consensus.
  • Funko management points to a challenging retail environment, which resulted in lower than expected purchases from top customers throughout the holiday season as well as softness related to certain tentpole movie releases.
  • Shares of Funko are down 41.55% in AH trading to $9.18.

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