Sequential Brands (SQBG) Tops Q3 EPS by 2c; Boosts FY15 Outlook

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Go back to Sequential Brands (SQBG) Tops Q3 EPS by 2c; Boosts FY15 Outlook

Sequential Brands Group Announces 2015 Third Quarter Financial Results

October 29, 2015 8:02 AM EDT

Q3 Revenue increased 130% to $23.0 million vs. $10.0 million in the prior year quarterQ3 Adjusted EBITDA increased 158% to $15.7 million vs. $6.1 million in the prior year quarterYear-to-date Revenue increased 144% to $56.8 million vs. $23.3 million in the prior year periodYear-to-date Adjusted EBITDA increased 180% to $36.1 million vs. $12.9 million in the prior year periodIncreasing 2015 Revenue projection from $78.0 - $81.0 million to $81.0 - $83.0 millionIncreasing 2015 Adjusted EBITDA projection from $48.5 - $50.5 million to $50.0 - $52.0 million

NEW YORK, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (Sequential or the Company) (NASDAQ: SQBG) today announced financial results... More