Sequential Brands: 2Q Earnings Snapshot
NEW YORK (AP) _ Sequential Brands Group Inc. (SQBG) on Wednesday reported second-quarter profit of $3.6 million.
The New York-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring costs, were 11 cents per share.
The licensing and brand management company posted revenue of $42.2 million in the period.
The company’s shares closed at $2.19. A year ago, they were trading at $3.11.