Alliance Entertainment Holding Corp (NASDAQ:AENT) shares rose 69.1% in premarket trading after the company reported fiscal 2026 revenue growth and higher adjusted earnings per share.
Full-year revenue increased 8% to $1.15 billion, while adjusted diluted earnings per share rose 24% to $0.46 from $0.37 in the previous fiscal year.
Adjusted EBITDA increased 14% to $41.5 million.
For the fourth quarter, revenue rose 18% year on year to $268.1 million. Gross margin increased by 80 basis points to 13.3%, which the company attributed to changes in product mix and lower freight costs.
Collectibles Revenue Increases 45%
Alliance Entertainment reported growth across several product categories during the period.
Collectibles revenue increased 45%, while physical movie revenue rose 22%. CD revenue grew 25% and vinyl revenue increased 13%.
The company also reported new exclusive distribution agreements with Paramount and Amazon MGM Studios, while fulfilment fee revenue increased 26%.
Interest expense declined 28% following a debt refinancing. Alliance Entertainment’s average effective interest rate decreased to 6.1% from 9.2%.
Alliance Entertainment Shares Rise in Premarket Trading
Alliance Entertainment shares traded at $9.32 in the premarket session, according to the source, above the previous 52-week high of $8.80.
The move followed the company’s fiscal 2026 results, which were released after Thursday’s regular market close.
The source also cited existing analyst coverage from Noble Financial and Maxim Group ahead of the earnings announcement. No updated analyst forecasts or ratings following the results were provided in the source.
Alliance Entertainment Holding Corp stock price
