Sequential Brands Group's Q1 net loss widens

Sequential Brands Group, Inc. said total revenue from continuing operations for the first quarter ended March 31, 2020 was 20.2 million dollars, compared to 25.5 million dollars in the prior year quarter. On a GAAP basis, loss from continuing operations was 85.3 million dollars or loss of 1.30 dollars per diluted share compared to loss from continuing operations for the first quarter 2019 of 4.8 million dollars or 7 cents per diluted share.