EDEN PRAIRIE, Minn. (AP) _ IMedia Brands, Inc. (IMBI) on Tuesday reported a loss of $3.2 million in its fiscal first quarter.
The Eden Prairie, Minnesota-based company said it had a loss of 21 cents per share.
The home shopping company posted revenue of $113.2 million in the period.
For the current quarter ending in August, iMedia Brands said it expects revenue in the range of $121 million.
The company expects full-year revenue of $490 million.
IMedia Brands shares have climbed 65% since the beginning of the year. The stock has more than tripled in the last 12 months.
The Associated Press