IDW Media Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2022
June 14, 2022 at 04:01 pm EDT
Share
IDW Media Holdings, Inc. reported earnings results for the second quarter and six months ended April 30, 2022. For the second quarter, the company reported sales was USD 6.05 million compared to USD 10.14 million a year ago. Net loss was USD 2.25 million compared to net income of USD 2.54 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to basic earnings per share from continuing operations of USD 0.06 a year ago. Basic loss per share was USD 0.17 compared to basic earnings per share of USD 0.25 a year ago.
For the six months, sales was USD 17.9 million compared to USD 18.55 million a year ago. Net loss was USD 0.264 million compared to USD 3.72 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.45 a year ago. Basic loss per share was USD 0.02 compared to USD 0.37 a year ago.
IDW Media Holdings, Inc. is an integrated media company providing compelling stories and characters for global audiences. The Company's segments include IDW Publishing (IDWP) and IDW Entertainment (IDWE). IDWP is a publishing company that creates comic books, graphic novels and digital content through its imprints IDW, Top Shelf Productions and Artists Editions. IDWE is a production company and studio that develops, produces and distributes content based on IDWP original, copyrighted intellectual property (IP), published in the form of comic books, graphic novels and any other forms of print publication, for a variety of formats, including film and television. Its comics and graphic novels are primarily distributed through three channels: to comic book specialty stores; to traditional retail outlets, including bookstores and mass market stores, on a returnable basis, and to e-book distributors. IDWP publications are available digitally through a range of distributors.
IDW MEDIA HOLDINGS, INC. 
