NEW YORK (AP) _ Sequential Brands Group Inc. (SQBG) on Thursday reported a third-quarter loss of $24.2 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the New York-based company said it had a loss of 38 cents. Earnings, adjusted for one-time gains and costs, came to 11 cents per share.
The licensing and brand management company posted revenue of $39 million in the period.
The company's shares closed at $2.37. A year ago, they were trading at $4.47.