EMERSON RADIO CORP 2026: Revenue $1.05M, EPS ($0.03) — 10-Q Summary
Less than 1 min read
EMERSON RADIO CORP reported results for the quarter ended 2026 with net revenues of $1.05M and a diluted loss per share of ($0.03), compared with $1.68M in revenue and a ($0.05) loss per share in the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $1.05M | $1.68M | (37.1%) |
| Net income² | ($566K) | ($1.14M) | 50.4% |
| Diluted EPS³ | ($0.03) | ($0.05) | 40% |
¹ Reported as “Net revenues”. ² Reported as “Net (loss)”. ³ Reported as “Diluted (loss) per share”.
Business Highlights
- Net revenues fell about 37% year over year to $1.05M, driven by lower product sales and customer refusal to accept tariff-driven price increases.
- Sales remain highly concentrated, with roughly 65% of 2026 sales to major channels such as Amazon and Walmart, indicating customer and channel concentration risk.
- Product mix shifted: houseware sales declined about 55% (including weaker microwave sales), while audio sales grew about 86%.
- All products are manufactured in China, leaving the company exposed to tariffs and supplier/customer pricing disputes that have materially affected costs and margins.
- Management is pursuing expanded distribution across the U.S., Canada and Mexico, accelerating e-commerce, developing new products and pursuing licensing opportunities.
Original SEC Filing: EMERSON RADIO CORP [ MSN ] - 10-Q - Aug. 14, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.