Alliance Entertainment Q2 EPS of $0.18 Misses $0.31 Estimate, Revenue Below Forecast
Alliance Entertainment reported Q2 EPS of $0.18, missing the consensus estimate of $0.31 and down from $0.19 a year ago. Revenue also fell below analysts’ forecasts, indicating slower sales growth this quarter.
1. Q2 Earnings and Revenue Miss
Alliance Entertainment posted Q2 non-GAAP EPS of $0.18, falling short of the $0.31 consensus and down from $0.19 a year earlier. Total revenue also missed analysts’ expectations, reflecting weaker sales across its music and video distribution segments.
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