Sequential Brands Group manages to narrow Q4 net loss

For the fourth quarter to December 31, 2018, Sequential Brands Group, Inc. said on a GAAP basis, net loss was 2.2 million dollars or 3 cents per diluted share. Under ASC 605, the company added, GAAP net loss would have been 1.2 million dollars or 2 cents per diluted share compared to net loss of 162.9 million dollars or 2.58 cents per diluted share in the fourth quarter 2017.