Jakks Pacific has had a number of bad quarters, and it’s founder Jack Friedman recently stepped down and subsequently passed away. It managed to secure a $20 million payout from THQ after losing the WWE license.

In the latest quarter, sales were down $22 to $123 million from the same quarter last year. However, income was $3 million, which includes a payout to Jack’s estate, compared to a loss of $406 million from the same quarter last year. (source) Jakks has exceeded expectations and its shares have risen as a result.

Jakks has a number of good licenses, including new ones with Taylor Swift and the upcoming movie Real Steel with Hugh Jackman. (source)