Xcel Brands, Inc. Announces Third Quarter 2024 Results
Xcel Brands, Inc (XELB)
NASDAQ:AMEX Investor Relations:
ir.xcelbrands.com/press-releases
Company Research
Source: GlobeNewswire
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 of 2023, and $3.4 million for the nine months ended September 30, 2024, representing a 60% improvement from the prior year comparable period.Adjusted EBITDA for the quarter was negative $1.0 million, compared with Adjusted EBITDA of negative $1.4 million for the prior year quarter.Direct Operating Costs and Expenses of $2.8 million for the quarter, a 50% improvement from the prior year quarter. NEW YORK, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and social commerce, today announced its financial results for the quarter ended September 30, 2024.
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XELB
News
- Xcel Brands, Inc. Announces Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Xcel Brands to Host Third Quarter 2024 Earnings Call on December 23, 2024GlobeNewswire
- Xcel Brands, Inc. (NASDAQ: XELB) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Xcel Brands, Inc. (NASDAQ: XELB) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Xcel Brands, Inc. (NASDAQ: XELB) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
XELB
Earnings
- 12/20/24 - Beat
XELB
Sec Filings
- 12/20/24 - Form 10-Q
- 12/16/24 - Form 8-K
- 12/11/24 - Form 8-K
- XELB's page on the SEC website