Earnings: Playboy In Q1 Profits; Digital Up

Playboy Enterprises announced its Q1 earnings today, and reported a profi that beat Wall Street estimates, helped by strength in the company’s licensing business. Revenue climbed 4 percent to $85.4 million…First-quarter net income rose to $1.5 million. Digital (online + mobile) revnues for Q1 came in at $1.7 million, up from $1.2 million in the year-ago quarter. More details here.
From conference call transcript: E-commerce revenues in the current year quarter were lower than last year.

Comments have been disabled for this post