Alliance entertainment reports third quarter and nine month fiscal year 2024 financial results

Q3 fy 2024 net revenues totaled $211.2 million q3 fy 2024 gross profit increased to $28.0 million and gross margin improved 130bps to 13.3% on profitable sales strategy q3 fy 2024 adjusted ebitda of $2.9 million improved by $5.3 million debt reduced $40 million in last 12 months ended march 31, 2024 plantation, fla., may 09, 2024 (globe newswire) -- alliance entertainment holding corporation (nasdaq: aent) (“alliance entertainment”, “company”), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, has reported its financial and operational results for the fiscal third quarter ended march 31, 2024.
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