Mattel Inc. (MAT - Get Report) shares rose in late trading Thursday, after the toymaker reported better-than-expected results for the latest quarter.

Shares rose $1.32, or 11%, to $13.60 in after-hours trading. The stock had lost 2% during the regular session ahead of the earnings report.

The company posted an adjusted loss per share of 44 cents, vs. 60 cents in the same period a year ago.
Revenue came in at $689.2 million vs. $708.4 million a year ago.

Mattel had been expected to report a quarterly loss of 56 cents a share on sales of $648 million, based on a FactSet survey of 14 analysts.

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