Alliance Entertainment (AENT) to Release Earnings on Thursday

Alliance Entertainment (NASDAQ:AENT) is expected to be announcing its earnings results after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $421.32 million for the quarter.

Alliance Entertainment (NASDAQ:AENT) last posted its earnings results on Tuesday, November 12th. The company reported $0.01 earnings per share for the quarter. Alliance Entertainment had a return on equity of 9.67% and a net margin of 0.77%. The firm had revenue of $228.99 million during the quarter.

Alliance Entertainment Stock Down 7.6 %

AENT stock opened at $5.49 on Friday. The company’s 50 day moving average is $6.70 and its two-hundred day moving average is $4.12. Alliance Entertainment has a twelve month low of $1.10 and a twelve month high of $11.57. The company has a current ratio of 1.34, a quick ratio of 0.60 and a debt-to-equity ratio of 1.13. The stock has a market cap of $279.75 million, a P/E ratio of 32.29 and a beta of 0.07.

About Alliance Entertainment

Alliance Entertainment Holding Corporation operates as a wholesaler, distributor, and e-commerce provider for the entertainment industry worldwide. It offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products. The company also provides third party logistics products and services.