Idw Media Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended October 31, 2019
January 22, 2020
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IDW Media Holdings, Inc. announced earnings results for the fourth quarter ended October 31, 2019. For the fourth quarter, the company announced sales was USD 33.901 million compared to USD 20.073 million a year ago. Operating loss was USD 17.219 million compared to USD 21.742 million a year ago. Net loss was USD 17.105 million compared to USD 28.847 million a year ago. Basic loss per share was USD 2.29 compared to USD 4.69 a year ago. For the full year, sales was USD 62.599 million compared to USD 58.680 million a year ago. Operating loss was USD 26.363 million compared to USD 25.624 million a year ago. Net loss was USD 26.429 million compared to USD 36.022 million a year ago. Basic loss per share was USD 3.9 compared to USD 5.88 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.