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IMedia Brands: Fiscal Q1 Earnings Snapshot

·1 min read

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMBI at https://www.zacks.com/ap/IMBI

The Associated Press

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