BRIEF-IMedia Reports Q4 EPS Of $0.82

Reuters

2023/04/12

April 12 (Reuters) - iMedia Brands Inc :

* IMEDIA REPORTS FOURTH QUARTER 2022 AND FULL-YEAR 2022 RESULTS

* IMEDIA BRANDS INC Q4 SALES FELL 1 PERCENT TO $545.0 MILLION

* IMEDIA BRANDS INC - ANTICIPATES Q1 NET SALES TO CONTINUE TO BE NEGATIVELY IMPACTED BY Q4 LIQUIDITY CHALLENGE

* IMEDIA BRANDS INC - EXPECTS TO REPORT Q1 NET SALES OF $105 MILLION, A 31% YEAR-OVER-YEAR DECLINE

* IMEDIA BRANDS INC - ANTICIPATES Q1 ADJUSTED EBITDA TO BE ABOUT $1 MILLION

* IMEDIA BRANDS INC - ANTICIPATES POSITIVE Q1 NET INCOME DRIVEN PRIMARILY BY SEVERAL ONE-TIME GAINS RELATED TO DRE

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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