Ctm Media Holdings, Inc. Reports Earnings Results for the Third Quarter Ended July 31, 2019
September 12, 2019
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CTM Media Holdings, Inc. announced earnings results for the third quarter ended July 31, 2019. For the third quarter, the company announced sales was USD 11.539 million compared to USD 14.246 million a year ago. Operating loss was USD 1.512 million compared to USD 604,000 a year ago. Net loss was USD 1.484 million compared to USD 461,000 a year ago. Basic loss per share was USD 0.2 compared to USD 0.08 a year ago. For the nine months, sales was USD 28.697 million compared to USD 38.607 million a year ago. Operating loss was USD 9.138 million compared to USD 3.883 million a year ago. Net loss was USD 9.323 million compared to USD 7.174 million a year ago. Basic loss per share was USD 1.43 compared to USD 1.17 a year ago.
IDW Media Holdings, Inc. is an integrated media company providing compelling stories and characters for global audiences. The Company's segments include IDW Publishing (IDWP) and IDW Entertainment (IDWE). IDWP is a publishing company that creates comic books, graphic novels and digital content through its imprints IDW, Top Shelf Productions and Artists Editions. IDWE is a production company and studio that develops, produces and distributes content based on IDWP original, copyrighted intellectual property (IP), published in the form of comic books, graphic novels and any other forms of print publication, for a variety of formats, including film and television. Its comics and graphic novels are primarily distributed through three channels: to comic book specialty stores; to traditional retail outlets, including bookstores and mass market stores, on a returnable basis, and to e-book distributors. IDWP publications are available digitally through a range of distributors.