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GlobeNewswire·

Alliance Entertainment Reports First Quarter Fiscal 2027 Revenue Growth of 10% and GAAP Net Income Growth of 56%

  • GAAP diluted EPS increased 50% to $0.15 as net income reached $7.6 million.
  • Net revenues grew 10% to $278.8 million compared to the prior-year quarter.
  • Gross profit increased 13% to $42.1 million while gross margin expanded to 15.1%.
  • Physical movie revenue rose 20% to $101.1 million driven by new releases & studio relationships.
  • Vinyl revenue increased 14% to $86.7 million while CD revenue grew 22% to $41.2 million.
  • Collectibles revenue surged 87% to $11.9 million, representing 4.3% of total quarterly revenue.
  • Operating income was $10.6 million compared to $10.5 million in the prior-year quarter.
  • Adjusted EBITDA increased approximately 1% to $12.3 million.
  • Interest expense decreased 49% to $1.2 million following the company's October 2025 refinancing.
  • Operating cash flow increased 58% to $4.3 million reflecting higher earnings & working capital changes.
  • The company ended the quarter with approximately $48.9 million available under its $120 million revolving credit facility.
  • Inventory levels increased to $152.0 million to support anticipated holiday season demand.
  • Total operating expenses rose to $31.5 million due to higher selling, general, administrative costs & distribution expenses.
  • The company continues to invest in warehouse automation, artificial intelligence, & authentication technologies.
  • Gaming revenue declined significantly due to lower product availability & the absence of prior-year Nintendo Switch 2 launch sales.
Company
Alliance Entertainment
Keywords
Nasdaq:AENT, Alliance Entertainment