Iconix Brand Group (ICON) Reports Q4 Loss of $9.75/Share

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Go back to Iconix Brand Group (ICON) Reports Q4 Loss of $9.75/Share

Iconix Reports Financial Results For The Fourth Quarter & Full Year 2018

March 27, 2019 8:31 AM EDT

NEW YORK, March 27, 2019 (GLOBE NEWSWIRE) --

Total revenue of $187.7 million, a 17% decline from prior year. Continued growth internationally as segment revenue up 10% from the prior year. Improved financial stability during 2018 by closing on Delayed Draw Term Loan and issuing new 5.75% Convertible Notes. Signed 83 license deals over the last six months, representing $45 million of aggregate guaranteed minimum royalties through the life of the agreements for the next several years.Rationalized cost structure of business with cost reductions of... More