iMedia Brands IMBI shares are trading higher Tuesday after the company issued fourth-quarter preliminary EPS and sales estimates above analyst estimates.
Media Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences.
It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in two segments: ShopHQ and Emerging.
iMedia Brands shares were trading up 6.64% at $6.95. The stock has a 52-week high of $8.86 and low of $1.35.
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