iMedia Brands Moves Its Fourth Quarter and Full-Year 2022 Call and Webcast to Tuesday, March 28, 2023, at 8:30 a.m. ET

Rhea-AI Summary

iMedia Brands, Inc. (NASDAQ: IMBI, IMBIL) has rescheduled its earnings release to March 28, 2023, to focus on completing a sale-leaseback transaction. The company will hold a conference call at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full-year ended January 28, 2023. A press release detailing these results will be issued beforehand. The call will be available for replay until April 11, 2023. iMedia operates several television networks and trades on NASDAQ, with its bonds paying 8.5% interest quarterly.

Positive

• Rescheduling allows management to focus on the sale-leaseback transaction, potentially strengthening financial position.

Negative

• None.

MINNEAPOLIS, March 20, 2023 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI, IMBIL) announced today it has moved its earnings release date to March 28, 2023.

The reason for the change is for the Company to keep its management resources focused on the completion of the sale-leaseback transaction, which is currently in process.

The Company will now hold a conference call and webcast on Tuesday, March 28, at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full-year ended January 28, 2023. The Company will report its financial results in a press release prior to the conference call.

• Date: Tuesday, March 28, 2023
• Time: 8:30 a.m. Eastern time (7:30 a.m. Central time)
• U.S. dial-in number: 1-877-407-9039
• International dial-in number: 1-201-689-8470
• Conference ID: 1373 6484
• Webcast link: iMedia Brands 4Q earnings webcast

The conference call and webcast will be broadcast live and available for replay via the investor relations section of the iMedia Brands website at www.imediabrands.com.

The replay of the conference call will be available after 11:30 a.m. Eastern time on the same day through April 11, 2023.

• Toll-free replay number: 1-844-512-2921
• International replay number: 1-412-317-6671
• Replay ID: 1373 6484
  

About iMedia Brands, Inc.
iMedia Brands, Inc. (NASDAQ: IMBI, IMBIL) is a global media company capitalizing on the convergence of entertainment, ecommerce, and advertising. The Company owns and operates four television networks, which are ShopHQ, ShopBulldogTV, ShopHQHealth and 123tv. ShopHQ, the company’s flagship television network with a thirty-year history, is nationally distributed in the U.S. to over 90 million homes via its affiliation agreements in cable, satellite, and broadcast, and reach viewers through its social platforms and its OTT Ap on Roku, Apple TV, Amazon Fire and Samsung Smart-televisions.

iMedia’s common stock is traded on the NASDAQ Global Market stock exchange under the ticker IMBI. iMedia’s 8.5% bonds are also publicly traded on the NASDAQ Global Market under the ticker IMBIL and pay holders 8.5% interest quarterly in arrears on March 31, June 30, September 30, and December 31.

Investors:
Ken Cooper
kcooper@imediabrands.com
(952) 943-6119

Media:
press@imediabrands.com
(952) 943-6125

FAQ

When will iMedia Brands release its earnings for Q4 and full-year 2023?

iMedia Brands will release its earnings on March 28, 2023.

What is the purpose of the earnings release rescheduling for iMedia Brands?

The rescheduling allows management to concentrate on completing a sale-leaseback transaction.

What time is the iMedia Brands conference call on March 28, 2023?

The conference call is scheduled for 8:30 a.m. Eastern time.

How can I access the iMedia Brands conference call replay?

The replay will be available after 11:30 a.m. Eastern time on March 28, 2023, until April 11, 2023.

What is the bond interest rate for iMedia Brands?

iMedia Brands' bonds pay an interest rate of 8.5% quarterly.