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GlobeNewsWire
1 year ago
Wilhelmina International, Inc. Reports Results for First Quarter 2024
(in thousands) Q1 2024 Q1 2023 YOY Change Total Revenues $ 4,171 $ 4,484 (7.0 %) Operating Income 73 229 (68.1 %) Income Before Provision for Taxes 149 210 (29.0 %) Net Income 91 159 (42.8 %) Gross Billings* 15,824 17,587 (10.0 %) EBITDA* 110 262 (58.0 %) Adjusted EBITDA* 128 304 (57.9 %) Pre-Corporate EBITDA* 381 548 (30.5 %) * Non-GAAP measures referenced are detailed in the disclosures at the end of this release. DALLAS, May 16, 2024 (GLOBE NEWSWIRE) -- Wilhelmina International, Inc. (Nasdaq:WHLM) ("Wilhelmina" or the "Company") today reported revenues of $4.2 million and net income of $0.1 million for the three months ended March 31, 2024, compared to revenues of $4.5 million and net income of $0.2 million for the three months ended March 31, 2023.