AENT revenue rises 8% to $1.15B as operating income falls
Net revenues grew 8% to $1.15 billion, helped by gains in vinyl, CDs and physical movies, while gaming sales declined. Operating income fell due to a $7.8 million vendor loss, though adjusted EBITDA improved.
15 billion, driven by stronger vinyl, CDs and physical movie sales, while gaming sales declined. 8 million vendor loss, although adjusted EBITDA improved. The company also said strategic acquisitions and exclusive studio partnerships helped strengthen its portfolio amid o…