{"id":182992,"date":"2023-10-26T15:39:39","date_gmt":"2023-10-26T15:39:39","guid":{"rendered":"https:\/\/precoinnews.com\/?p=182992"},"modified":"2023-10-26T15:39:39","modified_gmt":"2023-10-26T15:39:39","slug":"mattel-drops-despite-improved-quarterly-results","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/mattel-drops-despite-improved-quarterly-results\/","title":{"rendered":"Mattel Drops Despite Improved Quarterly Results"},"content":{"rendered":"<p> Shares of toy manufacturing and <span>entertainment<\/span> company Mattel, Inc. (MAT) are falling more than 10% Thursday morning despite reporting improved quarterly results.<\/p>\n<p>Net income for the third quarter declined to $146.3 million or $0.41 per share from $289.9 million or $0.80 per share in the same quarter a year ago. Excluding one-time items, earnings were $1.08 per share.<\/p>\n<p>Net sales also increased 9% to $1.919 billion from $1.756 billion last year.<\/p>\n<p>MAT is at $17.81 currently. It has traded in the range of $15.36 &#8211; $22.64 in the last 52 weeks. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3399775\/mattel-drops-despite-improved-quarterly-results.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of toy manufacturing and entertainment company<\/p>\n","protected":false},"author":3,"featured_media":182991,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mattel Drops Despite Improved Quarterly Results - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/bitcoin\/mattel-drops-despite-improved-quarterly-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mattel Drops Despite Improved Quarterly Results - 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