Genius Brands Clocks 35% Revenue Growth In Q1

Genius Brands International Inc GNUS reported first-quarter FY22 sales growth of 35% year-on-year to $1.44 million, versus $1.1 million the previous year.
The operating expenses rose 46% Y/Y to $11.4 million.
The operating loss for the quarter totaled $(9.9) million versus a loss of $(6.7) million last year.
The company held $154.1 million in cash and equivalents as of March 31, 2022.
EPS loss of $(0.01) narrowed from a loss of $(0.27) last year.
Price Action: GNUS shares are trading higher by 8.22% at $0.68 in premarket on the last check Tuesday.

Posted In:

Earnings News Penny Stocks Movers Trading Ideas Briefs

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.