Q3 net loss widens at Sequential Brands Group

Third quarter revenues at Sequential Brands Group, Inc. were 25.4 million dollars compared to 29.5 million dollars in the prior year quarter. On a GAAP basis, net loss was 18.4 million dollars or 28 cents per diluted share compared to 10.5 million dollars or 16 cents per diluted share. Non-GAAP net loss for the quarter was 0.9 million dollars or 2 cents per diluted share compared to 3 million dollars or 0 cents per diluted share, in the third quarter 2018. Adjusted EBITDA was 13.2 million dollars compared to 15.1 dollars million in the prior year quarter.