XCel Brands: 3Q Earnings Snapshot
NEW YORK (AP) _ XCel Brands Inc. (XELB) on Wednesday reported third-quarter earnings of $982,000.
On a per-share basis, the New York-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 9 cents per share.
The brand management company posted revenue of $8.3 million in the period.
The company’s shares closed at $2.26. A year ago, they were trading at $2.50.