Sequential Brands Group records Q3 net loss of 24.2 mn dollars

Sequential Brands Group’s third quarter revenue was 39 million dollars, compared to 42 million dollars in the prior year quarter. On a GAAP basis, the net loss for the quarter was 24.2 million dollars or 0.38 dollar per diluted share compared to net income of 1.3 million dollars or 0.02 dollar per diluted share.