Alliance entertainment reports first quarter fiscal year 2024 financial results

First quarter fy 2024 net revenues totaled $226.8 million increasing business segment stabilization driven by higher average selling prices and decreased operating expenses q1 fy 2024 gross profit up 3% to $26.3 million on profitable sales strategy q1 fy 2024 positive adjusted ebitda of $1.3 million plantation, fla., nov. 10, 2023 (globe newswire) -- alliance entertainment holding corporation (nasdaq: aent) (“alliance entertainment”, “company”), a distributor and wholesaler of the world's largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, has reported its financial and operational results for the fiscal first quarter ended september 30, 2023.
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