Xcel Brands (XELB) Tops Q2 EPS by 5c, Revenues Beat

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Xcel Brands, Inc. Announces First Quarter 2020 Results

May 19, 2020 4:06 PM EDT

  First Quarter Total Revenues of $9.5 Million, 
  GAAP Net Loss of $0.8 million, Diluted EPS of ($0.04) and  
  non-GAAP Diluted EPS of $0.00, Adjusted EBITDA of $0.6 million

NEW YORK, May 19, 2020 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (Xcel or the Company), a media and consumer products company, today announced its financial results for the first quarter ended March 31, 2020.  

Robert W. D'Loren, Chairman and Chief Executive Officer of Xcel commented, We are pleased with the growth... More