Alliance Entertainment Q1 revenue beats estimates on growth in collectibles

Overview

• Alliance Entertainment fiscal Q1 rev rises 11% yr/yr, beating analyst expectations

• Adjusted EBITDA for fiscal Q1 beats consensus, driven by high-margin content

• Net income for fiscal Q1 increases to $4.9 mln, reflecting improved profitability

Outlook

• Company focuses on AI adoption to enhance productivity and sales efficiency

Result Drivers

• PHYSICAL MEDIA STRENGTH - Revenue growth driven by strong sales in physical media, including exclusive Paramount Pictures distribution and premium formats

• AI EFFICIENCY GAINS - AI tools like HubSpot and Microsoft Co-Pilot delivering productivity improvements in sales and operations

• COLLECTIBLES GROWTH - Collectibles revenue up 32% due to expanded retail placement and successful launches under Handmade by Robots™ and Master Replicas

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electronic equipment & parts peer group is "buy"

• Wall Street's median 12-month price target for Alliance Entertainment Holding Corp is $10.00, about 32.5% above its November 11 closing price of $6.75

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX3xbN5C

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)