---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-063282"
form_type: "8-K"
ticker: "AENT"
cik: "0001823584"
company_name: "ALLIANCE ENTERTAINMENT HOLDING CORP"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:29:05.768104+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Alliance Entertainment Q3 net loss $7.8M vs prior-year income; revenue down 29%

## Summary
- Q3 FY2023 net revenues $227.7M, down 29% from $320.4M in prior-year quarter.
- Net loss of $7.8M vs net income of $3.7M in Q3 FY2022.
- Adjusted EBITDA loss of $2.4M compared to positive $9.6M a year ago.
- Nine-month net loss $30.8M vs net income $33.2M; gross margin fell to 8.1% from 13.4%.
- Cost-cutting actions implemented include headcount reduction and management salary cuts.

## SEC filing metadata
- accession: 0001104659-23-063282
- form_type: 8-K
- ticker: AENT
- cik: 0001823584
- company_name: ALLIANCE ENTERTAINMENT HOLDING CORP
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823584/000110465923063282/0001104659-23-063282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823584/000110465923063282/tm2316463d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-063282
- JSON: https://secwatch.observer/filing/0001104659-23-063282.json
- Plain text: https://secwatch.observer/filing/0001104659-23-063282.txt

## Key facts
- Earnings Releases
  ALLIANCE ENTERTAINMENT HOLDING CORP reported the fiscal third quarter ended March 31, 2023 results: revenue $227.7 million.
  - Period: the fiscal third quarter ended March 31, 2023
  - Revenue: $227.7 million
  - Result: reported results
  source text: Net revenues for the fiscal third quarter ended March 31, 2023 were $227.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823584/000110465923063282/0001104659-23-063282-index.htm
- Earnings Releases
  ALLIANCE ENTERTAINMENT HOLDING CORP reported the nine-month period ended March 31, 2023 results: revenue $911.6 million.
  - Period: the nine-month period ended March 31, 2023
  - Revenue: $911.6 million
  - Result: reported results
  source text: For the nine months ended March 31, 2023 net revenues were $911.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823584/000110465923063282/0001104659-23-063282-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.