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Sequential Brands: Q4 Earnings Snapshot

April 15, 2021 GMT

NEW YORK (AP) _ Sequential Brands Group Inc. (SQBG) on Thursday reported a loss of $4.5 million in its fourth quarter.

On a per-share basis, the New York-based company said it had a loss of $2.70. Losses, adjusted for non-recurring gains, came to $2.73 per share.

The licensing and brand management company posted revenue of $23 million in the period.

For the year, the company reported that its loss narrowed to $89.4 million, or $54.32 per share. Revenue was reported as $89.8 million.

Sequential Brands shares have climbed 93% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $27.65, more than tripling in the last 12 months.

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