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4Kids Q1 Earnings Report Date: 5/16/2006 |
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Net income down $0.5 million, CEO cites Yu-Gi-Oh!, Turtles -------------------------------------------------------------------------------- 4Kids released its quarterly financial report. Net income was $1.5 million, down $0.5 million from first quarter 2005. "Our gains in licensing revenue from Cabbage Patch Kids domestically and Winx Club internationally partially offset declines in licensing revenues from the Yu-Gi-Oh! and Teenage Mutant Ninja Turtles properties," 4Kids Chairman and CEO Al Kahn said in a press release. 4Kids's first quarter net revenue was $19.8 million, compared to $20.3 million in the same period last year. |
| Source: Anime News Network |
