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Alliance Entertainment Holding ( (AENT) ) has shared an update.
Alliance Entertainment reported its second quarter fiscal 2025 results, highlighting strategic investments and partnerships that set the stage for a strong second half outlook. The company reduced revolver debt by 31%, improved balance sheet and liquidity, and achieved higher-margin direct-to-consumer sales accounting for 42% of gross revenue. Notable achievements include the acquisition of Handmade by Robots, securing exclusive distribution rights with Paramount Pictures, and strategic retail partnerships. Despite a decline in net revenues and gross profit compared to the previous year, operational efficiencies and cost management led to a net income of $7.1 million. Alliance remains focused on leveraging exclusive content and expanding high-demand product categories to drive long-term shareholder value.
More about Alliance Entertainment Holding
Alliance Entertainment Holding Corporation is a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, and collectibles.
YTD Price Performance: -42.68%
Average Trading Volume: 93,524
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $257.3M
Learn more about AENT stock on TipRanks’ Stock Analysis page.