Funko's Profit Beat Boosts Stock, Despite Sales Miss
Update: 2025-11-08
Description
Funkos stock surged by nearly 10% on November 7th, following better-than-expected Q3 2025 earnings, despite lower-than-anticipated sales. The company reported adjusted earnings per share of six cents, beating analyst expectations, and adjusted EBITDA of $24.43 million, outperforming by over 60%. Investors were encouraged by Funkos cost management and profitability. Meanwhile, the broader market, including tech stocks like Palantir, experienced a downturn, with investors showing caution due to stretched valuations. Goldman Sachs and Morgan Stanley leaders hinted at a potential market correction in the future. Despite todays positive movement, Funkos stock is still down 75.5% year-to-date.
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