Funko falls; co swings to Q4 loss, names new CFO

Funko

01/03/2023 22:25

** Shares of pop-culture toymaker Funko Inc  FNKO.O  plummet
~25% to $8 in aftermarket trading 
    ** Co reports a Q4 adj loss of 35 cents/shr compared to a 38
cents/shr profit a year earlier
    ** FNKO forecasts an FY23 adj loss in the range of $0.90/shr
to $1/shr compared with FY22 adj profit of $0.57/shr
    ** Co appoints Steve Nave as CFO effective immediately,
after a series of leadership changes in December 
    ** Stock was down ~2% YTD, as of last close 

 (Reporting by Anirban Chakroborti in Bengaluru)
 ((Anirban.Chakroborti@thomsonreuters.com;))