🟢 Funko is trading 6.2% up in after-hours trading after strong Q2 results and raised EBITDA guidance

Funko is trading 6.22% up at $6.30 after investors continued reacting to its August 6 earnings release, which showed higher sales, record gross margin, quarterly profitability, and reduced debt.

• Management raised full-year adjusted EBITDA guidance to $100 million–$110 million from $70 million–$80 million.
• Funko announced Kristin Hamilton as chief commercial officer, effective August 24.