PLBY Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:20 pm EST
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PLBY Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 33.28 million compared to USD 45.71 million a year ago. Net loss was USD 15.07 million compared to USD 264.7 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 5.05 a year ago. Basic loss per share was USD 0.2 compared to USD 5.65 a year ago.
For the nine months, sales was USD 103.59 million compared to USD 140.65 million a year ago. Net loss was USD 186.64 million compared to USD 267.47 million a year ago. Basic loss per share from continuing operations was USD 2.65 compared to USD 5.18 a year ago. Basic loss per share was USD 2.65 compared to USD 5.76 a year ago.
PLBY Group, Inc. is a global pleasure and leisure company. The Company operates through three segments: Direct-to-Consumer, Licensing and Digital Subscriptions and Content. Its Direct-to-Consumer segment operates through its owned-and-operated e-commerce platform, retail stores and sales of its products through third-party retailers. The Licensing segment includes trademark licenses for third-party consumer products, location-based entertainment businesses and online gaming. Its Digital Subscriptions and Content segment comprises the Playboy Club, its creator-led platform on playboy.com, and Playboyâs adult content offerings, including playboyplus.com and playboy.tv. In addition, Playboy TV is offered through multiple-system operators (MSOs) around the globe, including U.S. MSOs DIRECTV, Comcast, Dish, Charter, Cox, Altice, and Mediacom. Its offerings are focused on four areas: sexual wellness, style and apparel, digital entertainment and lifestyle and beauty and grooming.
PLBY GROUP, INC. 
