Sequential Brands Has Q2 Profit
Net income was $2,530,000 against a loss of $62,000 in the second quarter, as licensing revenues climbed 23% to $42,144,000 from $34,154,000. Operating expenses were $3.0 million lower but that was more than offset by $4.3 million increase in interest expense. The bottom line also included a $1.9 million charge for a loss on the sale of ... Log in to view full article.