Sequential Brands (SQBG) Reports Q4 EPS of $0.14

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Go back to Sequential Brands (SQBG) Reports Q4 EPS of $0.14

Sequential Brands Group Announces Fourth Quarter and Full Year 2018 Results

March 6, 2019 8:05 AM EST

NEW YORK, March 06, 2019 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (Sequential or the Company) (Nasdaq: SQBG) today announced financial results for the fourth quarter and full year ended December 31, 2018.

2018 was a productive year for Sequential with strength across our portfolio of brands both with new and existing business, said Karen Murray, CEO of Sequential Brands Group. Moving ahead, we continue to execute against our strategy of driving organic growth, improving our cost structure and strengthening our balance sheet.

As previously disclosed, effective January 1, 2018, the Company adopted a new revenue recognition standard ("ASC 606"), which... More