Funko Inc. FNKO,
shares were collected in Thursday’s extended session after a pop-top themed product maker posted a Wall Street estimate of both results and forecast. Funko shares rose 11% after hours, following a 6.1% gain in the regular session to close at $ 15.33. The company reported net income in the fourth quarter of $ 8.9 million, or 24 cents in a share, against a loss of $ 4.2 million, or 12 cents in a share, in the year-over-year period. Improved earnings, which include compensation costs based on stock and other items, were 29 cents in installments, compared to 18 cents in a share a year ago. Revenue rose to $ 226.5 million from $ 213.6 million in the fourth year ago. Analysts conducted by FactSet had forecast a 14 cents share of revenue of $ 195.7 million. Funko expects to earn about 84 cents to 96 cents for the year. Analysts had estimated 2021 earnings of 53 cents a share.