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PLBY — Playboy News Story

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Plby Group Q3 revenue misses estimates

Overview

Plby Group Q3 revenue of $29 mln missed analyst expectations

Adjusted EBITDA for Q3 beats estimates, reflecting improved operational efficiency

Company extends senior debt maturity to 2028, strengthening financial position

Outlook

Company focuses on growth in licensing, media, and hospitality

Plby Group plans to expand global reach with high-margin revenue initiatives

Result Drivers

LICENSING REVENUE - Co reports 61% year-over-year increase in licensing revenue, driven by digital business and key licensees

LITIGATION COSTS - Adjusted EBITDA was impacted by $2.5 mln in litigation costs, would have been $6.6 mln without them

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMiss$28.99 mln$29.34 mln (3 Analysts)
Q3 Net Income$460,000
Q3 Adjusted EBITDABeat$4.07 mln$2.19 mln (3 Analysts)
Q3 Operating Expenses-$27.63 mln
Q3 Operating Income$1.37 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the apparel & accessories retailers peer group is "buy" Wall Street's median 12-month price target for Playboy Inc is $3.00, about 55% above its November 11 closing price of $1.35 Press Release: ID:nGNX8VTs1P For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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