Sequential Brands (SQBG) Tops Q4 EPS by 6c
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Sequential Brands (NASDAQ: SQBG) reported Q4 EPS of $0.23, $0.06 better than the analyst estimate of $0.17. Revenue for the quarter came in at $31.4 million versus the consensus estimate of $29.85 million.
Sequential Chief Executive Officer, Yehuda Shmidman, commented, “2015 was a significant year of growth for Sequential. With over 150 licensees, strong brands driving $4 billion in annual retail sales, committed financial stakeholders, a continued eye on strategic acquisitions and a winning activation team, we believe that we are well positioned for further growth in 2016 and beyond.” Shmidman added, “We are fully on track with the integration of the Martha Stewart business into our platform and we are encouraged by our early progress to date in activating new growth for the long term.”
For earnings history and earnings-related data on Sequential Brands (SQBG) click here.
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