Playboy Stock Races Higher After Q4: Here’s Why

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Playboy Inc. (NASDAQ:PLBY) shares raced higher in Monday’s extended trading after the company released its fourth-quarter earnings report, beating estimates on the top and bottom lines.

The Details: Playboy reported quarterly earnings of three cents per share, which beat the consensus estimate of one cent.

Quarterly revenue came in at $34.91 million, which beat the Street estimate of $33.52 million and was up from $33.49 million in the same period last year.

Playboy reported the following fourth quarter highlights:

  • Licensing revenue …

Full story available on Benzinga.com

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