Idw Media Holdings, Inc. Reports Earnings Results for the Second Quarter Ended April 30, 2020
June 14, 2020
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IDW Media Holdings, Inc. announced earnings results for the second quarter ended April 30, 2020. For the second quarter, the company announced total revenue was USD 11.555 million compared to USD 7.809 million a year ago. Operating loss was USD 299,000 compared to USD 3.633 million a year ago. Net loss was USD 354,000 compared to USD 3.747 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.61 a year ago. For the half year, total revenue was USD 25.700 million compared to USD 17.158 million a year ago. Operating loss was USD 7.135 million compared to USD 7.625 million a year ago. Net loss was USD 7.227 million compared to USD 7.839 million a year ago. Basic loss per share from continuing operations was USD 0.89 compared to USD 1.28 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.