Xcel brands, inc. reports earnings results for the third quarter ended september 30, 2019

Xcel brands, inc. announced earnings results for the third quarter ended september 30, 2019. for the third quarter, the company announced total revenue was usd 10.932 million compared to usd 8.267 million a year ago. operating income was usd 372,000 compared to usd 1.398 million a year ago. net loss was usd 95,000 compared to net income of usd 982,000 a year ago. basic loss per share was usd 0.01 compared to basic earnings per share of usd 0.05 a year ago. for the nine months, total revenue was usd 30.371 million compared to usd 25.520 million a year ago. operating income was usd 4.321 million compared to usd 3.896 million a year ago. net income was usd 1.884 million compared to usd 1.369 million a year ago. basic earnings per share was usd 0.1 compared to usd 0.07 a year ago.
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