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Spin Master Keeps Annual Guidance Despite Lower Quarterly Revenue

Spin Master reported third-quarter net income of $79 million, or 77 cents a share, while maintaining its guidance for the year despite softer quarterly revenue.

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SquawkNews Desk

By Robb M. StewartSpin Master stuck with its guidance for the year despite softer revenue in the latest quarter for the parent of PAW Patrol, Rubik's Cube and other brands.The children's entertainment company recorded third-quarter net income of $79 million, or 77 cents a share, down from $106.8 mi…

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