- PLBY Group Inc PLBY reported first-quarter FY21 sales growth of 63% year-on-year to $69.38 million, beating the consensus of $68.53 million.
- Direct-to-consumer revenue grew 125% Y/Y to $49.6 million.
- The operating margin was 9.9%, and operating income for the quarter was $6.9 million versus a loss of $(4.5) million last year.
- Adjusted EBITDA fell 82% to $1.2 million.
- EPS of $0.12 was a turnaround from a $(0.17) loss last year.
- "With Playboy's massive global reach and Centerfold as a valuable engine for organic customer acquisition, we believe we can drive significant growth across PLBY Group's product offerings," said CEO Ben Kohn.
- Price Action: PLBY shares are trading higher by 10% at $8.25 in premarket on the last check Wednesday.
- Photo Via Wikipedia Commons
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
