Kartoon Studios Q1 2023 Earnings Report

Kartoon Studios EPS Results

• Actual EPS: -$0.77
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Kartoon Studios Revenue Results

• Actual Revenue: $14.19 million
• Expected Revenue: $18.60 million
• Beat/Miss: Missed by -$4.41 million
• YoY Revenue Growth: N/A

Kartoon Studios Announcement Details

• Quarter: Q1 2023
• Date: 5/22/2023
• Time: N/A

Kartoon Studios (NASDAQ:TOON), a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Shaq's Garage, a children's animated series about the secret adventures; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children's songs; Eggventurers, a preschool animated series; Barbie Productions that provides animated Barbie series; Octonauts, a children's television series based on the children's books; Roblox Rumble, an elimination-style competitive reality series; and Spin Master Productions. It also operates a kartoon channel network and channel frederator network, as well as distributes subscription video on demand services for kids. In addition, the company acts as a licensing agent for Llama Llama, Bee & PuppyCat, and Castlevania. It serves various customers and partners, including broadcasters, consumer products licensees, and online platforms. The company was formerly known as Genius Brands International, Inc. and changed its name to Kartoon Studios Inc. in June 2023. Kartoon Studios Inc. was incorporated in 2006 and is headquartered in Beverly Hills, California.