Alliance Entertainment Holding Corp (AENT) reported increased earnings for the fourth quarter, with a total of $5.80 million or $0.11 per share, compared to $2.50 million or $0.05 per share last year. However, the company’s revenue for the period fell by 3.8% to $227.80 million from $236.90 million last year. In summary, AENT’s GAAP earnings showed a significant improvement: Earnings of $5.80 million compared to $2.50 million, EPS of $0.11 compared to $0.05, and revenue of $227.80 million compared to $236.90 million last year.

Read more at Nasdaq.: ALLIANCE ENTERTAINMENT HOLDING CORP Reports Increase In Q4 Profit