Sequential Brands Group narrows Q2 loss

Second quarter revenues at Sequential Brands Group, Inc. was 22.6 million dollars compared to 26.4 million dollars in the prior year quarter. On a GAAP basis, loss for the quarter was 2.9 million dollars or 1.78 dollars per diluted share compared to loss of 3.3 million dollars or 2.03 dollars per diluted share, while non-GAAP net loss was 1.8 million dollars or loss of 1.10 dollars per diluted share, compared to 2.6 million dollars or 1.57 dollars per diluted share, in the prior year quarter.