JAKKS Pacific Inks Deal with Nintendo The Q4 re
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Posted On: 03/13/2013 1:02:29 PM
JAKKS Pacific Inks Deal with Nintendo
The Q4 report released by JAKKS Pacific, Inc. (NASDAQ: JAKK) last week is not actually the kind that makes investors happy. A loss of $1.24 per share was reported as opposed to $0.72 per share in Q4 2011. The full year update saw EPS plummeting to $0.39 as opposed to $0.41 in 2011, and total revenues were down 1.6 percent to $666.8 million. Many analysts attribute the decline to changes in consumer behaviour, especially now that kids have different options such as smartphones, iPods, and game consoles, for entertainment and play......
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