Xcel Brands (XELB) Tops Q3 EPS by 3c
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Xcel Brands, Inc. Announces Third Quarter 2023 Results
November 20, 2023 4:18 PM ESTEntered into licensing agreements for the Companys Longaberger eCommerce business and made in the US baskets in November 2023, thereby completing the previously disclosed restructuring plan to exit all operating businesses. Licensing revenues of $2.6 million for the quarter, an increase of $0.2 million as compared to the quarter ended June 30, 2023.GAAP net loss of $5.1 million for the quarter, compared with GAAP net loss of $4.0 million in the prior year... More
