Net income tripled to $8,459,000 from $2,770,000 in 2015 as revenues of Gaiam’s branded yoga, fitness, and wellness products grew 10% to $130,545,000 from $119,189,000, according to carve-out financials for Sequential Brand Group’s recent acquisition. SQBG paid an aggregate purchase price of $147.6 million for the business on Jul. 1, which includes gross net operating losses of $48.7 million and $15.0 million for federal and state. For the three months ended Mar. 31, net loss expanded to $2,854,000 from a loss of $538,000 weighed down by higher operating expenses noted to be unrelated to revenue-producing activity on revenues that were ... Log in to view full article.