XCel Brands: Q1 Earnings Snapshot

·1 min read

NEW YORK (AP) _ XCel Brands Inc. (XELB) on Monday reported a loss of $2.5 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of 13 cents. Losses, adjusted for one-time gains and costs, were 8 cents per share.

The brand management company posted revenue of $7.8 million in the period.

In the final minutes of trading on Monday, the company's shares hit $1.99. A year ago, they were trading at 69 cents.

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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 XELB at https://www.zacks.com/ap/XELB

The Associated Press