NEW YORK (AP) — NEW YORK (AP) — XCel Brands Inc. (XELB) on Tuesday reported a loss of $6.8 million in its fourth quarter.
The New York-based company said it had a loss of 34 cents per share. Losses, adjusted for amortization costs and stock option expense, came to 24 cents per share.
The brand management company posted revenue of $2.3 million in the period.
For the year, the company reported a loss of $21.1 million, or $1.07 per share. Revenue was reported as $17.8 million.
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