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0.0113522537562605 -0.0146911519198663 -0.0298831385642737 -0.0298831385642737 0.0278797996661103 0.0171953255425709 0.0434056761268782 0.0225392320534223
Stock impact report

Kartoon Studios Reports Strong Business Results with 8.2% Sequential Revenue Growth for Q4 2024, Marking Third Consecutive Quarterly Increase

Kartoon Studios, Inc. (TOON) 
Company Research Source: GlobeNewswire
Operating Expenses Decreased by 57.4% in 2024; Operating Loss Improved by 76.5% in 2024  Kartoon Channel Continues Growth in Viewers, Platforms, Revenue, and Profitability While Continuing to Lead All Streamers in Viewer Rankings in Apple App Store The Company’s Family and Kids’ Ad Unit, Beacon Media Group, Achieved Profitability in 2024 with High-Efficiency Ads and Data-Driven Strategies, Poised for Continuing Growth in 2025 Upcoming Animated Series, Hundred Acre Wood’s Winnie and Friends, and Stan Lee Universe’s The Excelsiors, Poised for Broad Launches in 2025 and 2026 BEVERLY HILLS, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) today provided a business update for the fourth quarter of 2024, highlighting continued momentum in revenue growth across all units, substantial improvements in cost efficiency and noteworthy progress toward profitability expected in 2025. Key Financial Highlights for Q4 2024: Total Revenue: Third consecutive quart Show less Read more
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