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IMedia Brands: Fiscal Q1 Earnings Snapshot

May 24, 2022 GMT

EDEN PRAIRIE, Minn. (AP) _ IMedia Brands, Inc. (IMBI) on Tuesday reported a loss of $11.9 million in its fiscal first quarter.

The Eden Prairie, Minnesota-based company said it had a loss of 55 cents per share. Losses, adjusted for non-recurring costs, were 43 cents per share.

The home shopping company posted revenue of $154.5 million in the period.

IMedia Brands expects full-year revenue in the range of $675 million to $725 million.


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