Business
Xcel Brands, Inc. Announces First Quarter 2025 Financial Results, Shows Continued Improvements in Operating Results as a Result of Its “Project Fundamentals” Restructuring Program
First quarter 2025 net loss of $2.8 million, representing a 56% improvement from the prior year quarter net loss of $6.3 million.Net loss on a non-GAAP basis was $1.4 million for the first quarter 2025, representing a 24% improvement from the first quarter of 2024 non-GAAP net loss of $1.8 million.Adjusted EBITDA for the first quarter 2025 was negative $0.7 million, compared with Adjusted EBITDA of negative $1.6 million for the first quarter 2024, representing a 56% improvement. NEW YORK, June 0
About this update from Xcel Brands, Inc
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