Playboy reported third-quarter revenue of $31.7 million, a 9.4% increase from the prior year, driven by Honey Birdette sales growth and higher licensing royalties in China. Net income rose 305% to $1.9 million, or $0.02 per share, while adjusted EBITDA nearly doubled to $7.9 million. The company also announced an agreement to acquire a Miami Beach property for a future members club. Playboy operates as a global pleasure and leisure company leveraging its intellectual property across licensing, digital content, consumer products, and experiential offerings.
