Sequential's Q4 GAAP loss widens to 7.9 million dollars

For the fourth quarter, Sequential Brands Group, Inc. reported total revenue from continuing operations of 24.2 million dollars compared to 35.2 million dollars in the prior year quarter. On a GAAP basis, the company said, loss from continuing operations was 7.9 million dollars or 12 cents per diluted share compared 5.7 million dollars or 9 cents per diluted share, while non-GAAP net loss from continuing operations was 8.9 million dollars or 14 cents per diluted share compared to non-GAAP net income from continuing operations of 2.6 million dollars or 5 cents per diluted share, in the fourth quarter 2018.