Kartoon Studios Reported Q3 Revenue Of $10.1M; As Of September 30, 2023, Kartoon Studios Had Current Assets Of $61.4M, Working Capital Of $11.8M, And Total Stockholders' Equity Of $74M
Portfolio Pulse from Benzinga Newsdesk
Kartoon Studios reported Q3 revenue of $10.1M and a nine-month revenue of $35.3M. As of September 30, 2023, the company had current assets of $61.4M, working capital of $11.8M, and total stockholders' equity of $74M. The detailed financial results are available in the Form 10-Q filed with the SEC.
November 17, 2023 | 9:36 pm
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Kartoon Studios reported a Q3 revenue of $10.1M, with total assets of $61.4M, working capital of $11.8M, and stockholders' equity of $74M.
The positive financial results, including a healthy revenue figure and strong balance sheet, are likely to instill investor confidence in Kartoon Studios. This could lead to a short-term positive impact on the stock price as the market reacts to the company's financial health and growth prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100