Alliance Entertainment Holding Corp. (NASDAQ:AENT) shares climbed 12.52% to $6.20 after the bell on Thursday following the announcement of fiscal year results.
Revenue, Margins and EBITDA All Post Solid Gains
The results, announced after the market closed on Thursday, were for the period ended June 30.
The Florida-based entertainment commerce and collectibles company reported fiscal 2026 net revenue of $1.15 billion, up 8% from $1.06 billion a year earlier.
Gross profit for the period rose 15% to $152.3 million, with margins expanding to 13.3%.
Adjusted EBITDA also climbed 14% to $41.5 million.
Studio Partnerships Underpin Growth Story
CEO Jeff Walker said the company’s expanding relationships with major content owners, including Paramount and Amazon MGM Studios, reflect the value of its scale and infrastructure in managing increasingly complex physical entertainment programs across wholesale, retail and e-commerce channels.
He added that the physical entertainment market is evolving toward “premium formats, collectible products and more specialized distribution,” changes he said play directly to capabilities the company has built over three decades.
Trading Metrics, Technical Analysis
Alliance Entertainment has a market capitalization of $280.90 million, a 52-week high of $8.80 and a 52-week low of $4.36.
The Relative Strength Index (RSI) of AENT stands at 51.84.
The small-cap stock has fallen 6.93% over the past 12 months.
Currently, AENT is positioned at about 26% of its 52-week range.
Price Action: The stock closed the regular session on Thursday at $5.51, up 3.96%, according to Benzinga Pro data.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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