Iconix: 2Q Earnings Snapshot
NEW YORK (AP) _ Iconix Brand Group Inc. (ICON) on Wednesday reported a second-quarter loss of $79.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the New York-based company said it had a loss of $1.26. Earnings, adjusted for non-recurring costs, came to 12 cents per share.
The clothing brand licensing company posted revenue of $50.2 million in the period.
The company’s shares closed at 61 cents. A year ago, they were trading at $6.11.