Net loss of $9.2 million for the quarter inclusive of a $6.3 million non-cash charge for contingent obligation, compared with a net loss of $5.1 million for the prior year quarter. Net loss on a non-GAAP basis was $1.3 million for the quarter, representing a 56% improvement from the third quarter
NEW YORK , Dec. 19, 2024 (GLOBE NEWSWIRE) -- Xcel Brands , Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), today announced that it will report its third quarter 2024 financial results on December 20, 2024 . The Company will hold a conference call with the investment community on December 23, 2024 ,
NEW YORK , Nov. 27, 2024 (GLOBE NEWSWIRE) -- Xcel Brands , Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), today announced that on November 25, 2024 , it received a delinquency notification letter from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with
Net income of $0.2 million for the quarter compared with a net loss of $3.5 million for the prior year quarter, which included a $3.8 million gain on the divestiture of the Lori Goldstein brand. Net licensing revenues grew 16% from the second quarter of 2023, driven by new licenses and new brand
NEW YORK , Aug. 12, 2024 (GLOBE NEWSWIRE) -- Xcel Brands , Inc. (NASDAQ: XELB) (“Xcel” or the “Company”) today announced that it will report its second quarter 2024 financial results on August 14, 2024 . The Company will hold a conference call with the investment community on August 14, 2024 , at
Net Licensing Revenues flat year-over-year at $2.2 million for the quarter. Direct Operating Costs and Expenses of $4.0 million for the quarter, a reduction of $3.0 million or 43% from the prior year quarter. GAAP net loss of $6.3 million for the quarter, compared with GAAP net loss of $6.0 million
NEW YORK , May 16, 2024 (GLOBE NEWSWIRE) -- Xcel Brands , Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), today announced that it will report its first quarter 2024 financial results on May 20, 2024 . The Company will hold a conference call with the investment community on May 20, 2024 , at 5:00
President Biden has signed legislation that forces ByteDance , the parent company of TikTok, to either divest its operations or face a ban in the US. Xcel Brands CEO & ORME Co-Founder Robert D'Loren joins Yahoo Finance to discuss what the legislation means for content creators and brands moving
Longaberger x Crayola Home Accessories Collection to exclusively launch on Longaberger.com NEW YORK , April 22, 2024 (GLOBE NEWSWIRE) -- Longaberger and Crayola are excited to introduce a new partnership and the launch of their home accessory collection.
GAAP net loss of $6.8 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter. Adjusted EBITDA of ($1.2) million for the quarter, compared with Adjusted EBITDA of ($5.9) million for the prior year quarter, an improvement of $4.7 million .