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XCel Brands: 2Q Earnings Snapshot

August 9, 2018

NEW YORK (AP) _ XCel Brands Inc. (XELB) on Thursday reported a second-quarter loss of $113,000, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 8 cents per share.

The brand management company posted revenue of $8.3 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $2.65. A year ago, they were trading at $3.90.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XELB at https://www.zacks.com/ap/XELB

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