Alliance Entertainment to discuss Q2 results on February 13, with a live conference call and subsequent replay available.
Quiver AI Summary
Alliance Entertainment Holding Corporation, a leading global distributor of music, movies, video games, and collectibles, announced it will host a conference call on February 13, 2025, at 4:30 p.m. ET to discuss its second-quarter financial results for the period ending December 31, 2024. Executive Chairman Bruce Ogilvie and CEO/CFO Jeff Walker will lead the call, which will include a presentation and a Q&A session. Interested parties can access the call via provided dial-in numbers or through a webcast, with a replay available afterwards. The press release emphasizes Alliance's extensive inventory and experience in distribution, as well as a caution regarding forward-looking statements and associated risks.
Potential Positives
- Alliance Entertainment will be discussing its second-quarter results for the period ending December 31, 2024, which provides an opportunity to share financial insights with investors.
- The conference call will be led by Executive Chairman Bruce Ogilvie and CEO Jeff Walker, highlighting strong leadership engagement with stakeholders.
- The company offers a robust array of over 325,000 unique in-stock SKUs, demonstrating its expansive product range and market presence.
- The conference call and accompanying presentation will be made accessible via a live webcast, enhancing transparency and investor relations efforts.
Potential Negatives
- The press release highlights a recent breach of covenant requirements related to the revolving credit facility, which could lead to severe consequences for the company, including potential default and demand for immediate repayment of outstanding amounts.
- It explicitly mentions that the company has a significant amount of indebtedness and outlines risks related to refinancing this indebtedness, suggesting potential financial instability.
- The inclusion of numerous risks and uncertainties surrounding the company’s operations and market conditions may raise concerns among investors about the company’s future performance and viability.
FAQ
What is the date and time of the Alliance Entertainment conference call?
The conference call is scheduled for Thursday, February 13, 2025, at 4:30 p.m. Eastern Time.
How can I access the Alliance Entertainment conference call?
You can access the call by dialing 1-877-407-0784 (toll-free) or 1-201-689-8560 (international).
Will a replay of the conference call be available?
Yes, a telephone replay will be available approximately three hours after the call and can be accessed through April 13, 2025.
Who will host the conference call?
The call will be hosted by Executive Chairman Bruce Ogilvie and CEO Jeff Walker.
Where can I find more information about Alliance Entertainment?
More information can be found on the official website at www.aent.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AENT Hedge Fund Activity
We have seen 2 institutional investors add shares of $AENT stock to their portfolio, and 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EMPOWERED FUNDS, LLC added 83,197 shares (+inf%) to their portfolio in Q4 2024, for an estimated $753,764
- CLARITY CAPITAL PARTNERS LLC added 29,125 shares (+116.5%) to their portfolio in Q4 2024, for an estimated $263,872
- CITADEL ADVISORS LLC removed 11,312 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $30,768
- UBS GROUP AG removed 11,230 shares (-94.5%) from their portfolio in Q3 2024, for an estimated $30,545
- GREAT LAKES RETIREMENT, INC. removed 1,600 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $4,352
- NEWBRIDGE FINANCIAL SERVICES GROUP, INC. added 0 shares (+0.0%) to their portfolio in Q4 2024, for an estimated $0
- SHEETS SMITH WEALTH MANAGEMENT added 0 shares (+0.0%) to their portfolio in Q4 2024, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
PLANTATION, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Thursday, February 13, at 4:30 p.m. Eastern Time to discuss its results for the second quarter ended December 31, 2024. A press release detailing these results will be issued prior to the call.
Alliance Entertainment Executive Chairman Bruce Ogilvie and CEO and CFO Jeff Walker will host the conference call, which will be followed by a question-and-answer session. A presentation will accompany the call and can be viewed during the webcast or accessed via the investor relations section of the Company’s website here .
To access the call, please use the following information:
Date: | Thursday, February 13, 2025 |
Time: | 4:30 p.m. Eastern Time, 1:30 p.m. Pacific Time |
Toll-free dial-in number: | 1-877-407-0784 |
International dial-in number: | 1-201-689-8560 |
Conference ID: | 13751293 |
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact RedChip Companies at 1-407-644-4256.
The conference call will be broadcast live and available for replay at https://viavid.webcasts.com/starthere.jsp?ei=1705266&tp_key=755304cd6f and via the investor relations section of the Company's website here .
A telephone replay of the call will be available approximately three hours after the call concludes and can be accessed through April 13, 2025, using the following information:
Toll-free replay number: | 1-844-512-2921 |
International replay number: | 1-412-317-6671 |
Replay ID: | 13751293 |
About Alliance Entertainment
Alliance Entertainment (NASDAQ: AENT) is a premier distributor of music, movies, toys, collectibles, and consumer electronics. We offer over 325,000 unique in-stock SKU’s, including over 57,300 exclusive compact discs, vinyl LP records, DVDs, Blu-rays, and video games. Complementing our vast media catalog, we also stock a full array of related accessories, toys, and collectibles. With more than thirty-five years of distribution experience, Alliance Entertainment serves customers of every size, providing a robust suite of services to resellers and retailers worldwide. Our efficient processing and essential seller tools noticeably reduce the costs associated with administrating multiple vendor relationships, while helping omni-channel retailers expand their product selection and fulfillment goals. For more information, visit www.aent.com .
Forward Looking Statements
Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of risks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws or regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services; Alliance’s reliance on a concentration of suppliers for its products and services; increases in Alliance’s costs, disruption of supply, or shortage of products and materials; Alliance’s dependence on a concentration of customers, and failure to add new customers or expand sales to Alliance’s existing customers; increased Alliance inventory and risk of obsolescence; Alliance’s significant amount of indebtedness; our ability to refinance our existing indebtedness; our ability to continue as a going concern absent access to sources of liquidity; risks and failure by Alliance to meet the covenant requirements of its revolving credit facility, including a fixed charge coverage ratio; risks that a breach of the revolving credit facility, including Alliance’s recent breach of the covenant requirements, could result in the lender declaring a default and that the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse consequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention and the additional costs and demands on Alliance’s resources; Alliance’s business being adversely affected by increased inflation, higher interest rates and other adverse economic, business, and/or competitive factors; geopolitical risk and changes in applicable laws or regulations; risk that the COVID-19 pandemic, and local, state, and federal responses to addressing the pandemic may have an adverse effect on our business operations, as well as our financial condition and results of operations; substantial regulations, which are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which could harm Alliance’s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims; availability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal controls.
For investor inquiries, please contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
[email protected]