IDW MEDIA HLDGS INC (B) - IDWM STOCK NEWS

IDW Media Holdings (OTC PINK:IDWM) announced a net income of $2.5 million for the second quarter of fiscal 2021, translating to $0.25 per share, a significant improvement from a loss of $(0.04) per share in Q2 2020. Revenue increased by 8.6% year-over-year to $10.1 million, driven by a 28% rise in publishing revenue amid recovering direct market sales. However, consolidated operations income fell to $0.4 million from $1.3 million in Q2 2020. The company also completed the sale of CTM Media, which contributed $2.1 million to net income.

IDW Media Holdings (OTC PINK:IDWM) is set to announce its financial results for the period ending April 30, 2021, on June 14, 2021. The earnings release will be available on the investor relations website at approximately 4:15 PM Eastern. Following this, the management will host a conference call at 5:00 PM Eastern to discuss results, outlook, and strategy, including a Q&A session. Participants can join by dialing specific toll-free numbers. A replay will be available shortly after the call.

IDW Media Holdings (OTCPINK:IDWM) reported strong sales performance for its Teenage Mutant Ninja Turtles: The Last Ronin #2, leading the comic industry in February with over 130,000 copies printed. The company will participate in WonderCon@Home on March 26-27, showcasing creator panels and exclusive items. Additionally, IDW is launching the Sonic the Hedgehog 30th Anniversary Special, featuring renowned authors, to celebrate the iconic character. The company emphasizes its commitment to delivering compelling stories across various entertainment platforms.

IDW Media Holdings, Inc. (OTC PINK:IDWM) reported its first-quarter results for fiscal 2021, revealing a net loss per share of $0.62 on revenue of $8.4 million, down from $10.3 million in Q1 2020.

Despite challenges from COVID-19, digital publishing revenue soared by 68% year-over-year. Loss from operations improved to $5.1 million from $5.8 million last year. Highlights include the success of TMNT: The Last Ronin, selling over 200,000 copies.

Management expressed optimism for 2021, citing improvements in production timelines and a stronger lineup of titles.

IDW Media Holdings, Inc. (OTC PINK:IDWM) will report financial and operational results for the three months ending January 31, 2021, on March 15, 2021. The earnings release will be available on the IDW investor relations website at approximately 4:15 PM Eastern. Following this, management will host a conference call at 5:00 PM Eastern to discuss the results, outlook, and strategy, with a Q&A session for investors. A replay of the call will be available until March 22, 2021.

IDW Media Holdings (OTCPINK: IDWM) has announced its latest developments, highlighting the launch of The Marvel Art of the Brothers Hildebrandt, an art book set for release on February 23, 2021. Additionally, the popular Canto series will continue with new installments through 2022. The company is also set to release Teenage Mutant Ninja Turtles: The Last Ronin #1 Director's Cut in March, providing fans a behind-the-scenes look at the hit comic. Lastly, the beloved series Wynonna Earp will conclude with its final episodes airing March 5, 2021.