Idw Media Holdings, Inc. Reports Earnings Results for the Second Quarter Ended April 30, 2021
June 14, 2021 at 04:31 pm EDT
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IDW Media Holdings, Inc. announced earnings results for the second quarter ended April 30, 2021. For the second quarter, the company announced sales was USD 10.140 million compared to USD 9.268 million a year ago. Operating income was USD 433,000 compared to USD 1.329 million a year ago. Net income was USD 2.541 million compared to net loss of USD 354,000 a year ago. For the half year, sales was USD 18.552 million compared to USD 19.605 million a year ago. Operating loss was USD 4.687 million compared to USD 4.454 million a year ago. Net loss was USD 3.715 million compared to USD 7.227 million 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.