Wilhelmina International, Inc. Reports Results for Third Quarter 2020
Rhea-AI Impact
Rhea-AI Sentiment
Rhea-AI Summary
WHLM announced its third-quarter financial results, reporting total revenues of $10,545,000, a 38.8% decrease compared to $17,241,000 in Q3 2019. Year-to-date revenues also saw a decline by 48.2%, totaling $57,245,000 against last year's $110,175,000. Operating income shifted from a loss of $149,000 in Q3 2019 to a profit of $114,000, marking a significant improvement. However, the overall performance indicates ongoing financial challenges for the company.
Positive
- Operating income improved to $114,000 from a loss of $149,000 in Q3 2019, a positive shift.
Negative
- Total revenues fell by 38.8% in Q3 2020 compared to Q3 2019.
- Year-to-date revenues declined by 48.2% from $110,175,000 in 2019 to $57,245,000 in 2020.
Insights
Analyzing...
Third Quarter Financial Results
| (in thousands) | Q3 20 | Q3 19 | YOY Change | Q3 20 YTD | Q3 19 YTD | YOY Change | |||||||
| Total Revenues | $ | 10,545 | $ | 17,241 | (38.8 | %) | 29,625 | $ | 57,245 | (48.2 | %) | ||
| Operating Income (Loss) | 114 | (149 | ) | 176.5 | % | (4,665 | ) | 488 | * | ||||
| Income (Loss) Before Provision for Taxes | 107 | (173 | ) | 161.8 | % | (4,671 | ) |
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FAQWhat were WHLM's total revenues in Q3 2020?
WHLM reported total revenues of $10,545,000 in Q3 2020.
How much did WHLM's revenues decline year-over-year in Q3 2020?
WHLM's revenues decreased by 38.8% in Q3 2020 compared to Q3 2019.
What is the year-to-date revenue for WHLM as of Q3 2020?
As of Q3 2020, WHLM's year-to-date revenue is $57,245,000.
Did WHLM achieve operating income or loss in Q3 2020?
WHLM achieved an operating income of $114,000 in Q3 2020, reversing a loss from Q3 2019.
Wilhelmina Intl Inc
OTC:WHLMWHLM RankingsWHLM Latest NewsWHLM Stock Data
18.82M
4.06M
9.87%
77.78%
0.64%
Specialty Business Services
Services-management Consulting Services
United States
DALLAS
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