iMedia Brands (NASDAQ:IMBI) Posts Quarterly Earnings Results

iMedia Brands (NASDAQ:IMBI) issued its earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.19) by $0.13, reports. The company had revenue of $131.50 million for the quarter. iMedia Brands had a negative net margin of 7.03% and a negative return on equity of 59.00%.

Shares of NASDAQ IMBI traded up $0.07 during trading on Thursday, hitting $0.50. 33,780 shares of the company were exchanged, compared to its average volume of 201,617. iMedia Brands has a 1 year low of $0.32 and a 1 year high of $1.34. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.09 and a current ratio of 1.66.

About iMedia Brands

iMedia Brands, Inc operates as a multiplatform interactive digital commerce company in the United States. The company markets, sells, and distributes products to consumers through television, online, mobile, and social media in various merchandise categories, such as jewelry and watches, which include silver, gold, and gemstones to simulated diamonds; home and consumer electronics comprising home décor, bed and bath textiles, cookware, kitchen electrics, tabletop accessories, and home furnishings; beauty products, such as skincare, cosmetics, hair care, and bath and body products; and fashion and accessories, including apparel, outerwear, intimates, handbags, accessories, and footwear.

Further Reading: Recession

Earnings History for iMedia Brands (NASDAQ:IMBI)

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